BlackRock World Mining Trust (LON:BRWM) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

BlackRock World Mining Trust plc (LON:BRWM)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 552.97 ($7.17) and traded as low as GBX 529.26 ($6.86). BlackRock World Mining Trust shares last traded at GBX 533 ($6.91), with a volume of 371,166 shares trading hands.

BlackRock World Mining Trust Stock Down 1.1 %

The company has a debt-to-equity ratio of 12.29, a quick ratio of 0.30 and a current ratio of 0.23. The stock has a market cap of £1.02 billion, a price-to-earnings ratio of -7,614.29 and a beta of 1.01. The business’s 50 day moving average is GBX 519.66 and its 200 day moving average is GBX 552.97.

BlackRock World Mining Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 5th were given a GBX 5.50 ($0.07) dividend. The ex-dividend date was Thursday, September 5th. This represents a dividend yield of 1.03%. BlackRock World Mining Trust’s dividend payout ratio (DPR) is presently -48,571.43%.

Insider Activity at BlackRock World Mining Trust

In related news, insider Elisabeth Scott purchased 2,200 shares of BlackRock World Mining Trust stock in a transaction dated Monday, October 7th. The stock was acquired at an average cost of GBX 534 ($6.93) per share, with a total value of £11,748 ($15,235.38). 2.68% of the stock is owned by insiders.

BlackRock World Mining Trust Company Profile

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.