Shares of BlackRock World Mining Trust Plc (LON:BRWM) rose 1.8% on Thursday . The stock traded as high as GBX 362 ($4.73) and last traded at GBX 362 ($4.73), approximately 3,490,315 shares traded hands during trading. An increase of 985% from the average daily volume of 321,722 shares. The stock had previously closed at GBX 355.50 ($4.65).
The company has a quick ratio of 0.38, a current ratio of 0.39 and a debt-to-equity ratio of 14.70. The stock has a market capitalization of $635.27 million and a P/E ratio of 25.67. The company has a fifty day simple moving average of GBX 344.54 and a two-hundred day simple moving average of GBX 347.93.
The firm also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be issued a GBX 4 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.18%. BlackRock World Mining Trust’s dividend payout ratio (DPR) is currently 1.13%.
BlackRock World Mining Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the mining and metal sectors.
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