BlackRock World Mining Trust (LON:BRWM) Posts Earnings Results

Posted by Latisha Jones on Mar 7th, 2025

BlackRock World Mining Trust (LON:BRWM – Get Free Report) posted its quarterly earnings data on Wednesday. The investment trust reported GBX 23.09 ($0.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a negative net margin of 153.65% and a negative return on equity of 1.19%.

BlackRock World Mining Trust Stock Down 1.6 %

Shares of BRWM opened at GBX 480.30 ($6.19) on Friday. The firm has a 50-day moving average price of GBX 491.46 and a 200 day moving average price of GBX 507.07. The firm has a market capitalization of £919.80 million, a PE ratio of -68.71 and a beta of 1.01. BlackRock World Mining Trust has a 52-week low of GBX 463.20 ($5.97) and a 52-week high of GBX 634 ($8.17).

BlackRock World Mining Trust Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were given a GBX 12 ($0.15) dividend. This represents a yield of 3.62%. The ex-dividend date was Thursday, February 13th. This is a positive change from BlackRock World Mining Trust’s previous dividend of $5.50. BlackRock World Mining Trust’s dividend payout ratio is currently -486.41%.

Insider Buying and Selling at BlackRock World Mining Trust

In related news, insider Srinivasan Venkatakrishnan purchased 2,000 shares of BlackRock World Mining Trust stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average cost of GBX 476 ($6.13) per share, with a total value of £9,520 ($12,268.04). 2.68% of the stock is owned by corporate insiders.

About BlackRock World Mining Trust

(Get Free Report)

The Company aims to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals.