BlackRock World Mining Trust (LON:BRWM) Reaches New 52-Week High – Still a Buy?

by · The Cerbat Gem

BlackRock World Mining Trust plc (LON:BRWM – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 750 and last traded at GBX 740.60, with a volume of 214833 shares. The stock had previously closed at GBX 735.

BlackRock World Mining Trust Trading Up 1.1%

The firm has a market cap of £1.42 billion, a price-to-earnings ratio of -78.88 and a beta of 1.01. The firm’s 50 day simple moving average is GBX 677.53 and its two-hundred day simple moving average is GBX 602.49.

BlackRock World Mining Trust Company Profile

(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.

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