BlackRock World Mining Trust (LON:BRWM) Hits New 12-Month Low – Should You Sell?

Posted by Bob Marten on Apr 3rd, 2025

BlackRock World Mining Trust plc (LON:BRWM – Get Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 458 ($5.95) and last traded at GBX 459.75 ($5.97), with a volume of 164996 shares changing hands. The stock had previously closed at GBX 472 ($6.13).

BlackRock World Mining Trust Price Performance

The company has a fifty day moving average price of GBX 490.42 and a 200 day moving average price of GBX 502.38. The stock has a market cap of £881.89 million, a P/E ratio of -65.88 and a beta of 1.01.

BlackRock World Mining Trust (LON:BRWM – Get Free Report) last announced 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 net margin of 153.65% and a negative return on equity of 1.19%.

BlackRock World Mining Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, March 20th will be issued a GBX 6.50 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 1.29%. BlackRock World Mining Trust’s dividend payout ratio is presently -486.41%.

Insider Buying and Selling at BlackRock World Mining Trust

In related news, insider Srinivasan Venkatakrishnan purchased 2,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was acquired at an average cost of GBX 476 ($6.18) per share, with a total value of £9,520 ($12,362.03). Company insiders own 2.68% of the company’s stock.

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.