BlackRock World Mining Trust plc (LON:BRWM) Insider Srinivasan Venkatakrishnan Buys 2,000 Shares of Stock

BlackRock World Mining Trust plc (LON:BRWM) insider Srinivasan Venkatakrishnan purchased 2,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of GBX 476 ($6.14) per share, with a total value of £9,520 ($12,271.20).

BlackRock World Mining Trust Trading Up 2.9 %

Shares of BRWM stock opened at GBX 478.50 ($6.17) on Thursday. The firm has a market capitalization of £916.36 million, a P/E ratio of -68.45 and a beta of 1.01. BlackRock World Mining Trust plc has a 1 year low of GBX 463.20 ($5.97) and a 1 year high of GBX 634 ($8.17). The firm’s fifty day simple moving average is GBX 491.40 and its 200 day simple moving average is GBX 507.38.

BlackRock World Mining Trust (LON:BRWM) last posted its quarterly earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.30) EPS for the quarter. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

BlackRock World Mining Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were issued a dividend of GBX 12 ($0.15) per share. This represents a dividend yield of 3.62%. This is an increase from BlackRock World Mining Trust’s previous dividend of $5.50. The ex-dividend date of this dividend was Thursday, February 13th. BlackRock World Mining Trust’s dividend payout ratio (DPR) is presently -486.41%.

BlackRock World Mining Trust Company Profile

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.