Srinivasan Venkatakrishnan Buys 2,000 Shares of BlackRock World Mining Trust plc (LON:BRWM)
On March 5th, 2025, Srinivasan Venkatakrishnan, an insider at BlackRock World Mining Trust plc (LON:BRWM), purchased 2,000 shares of the company’s stock. The acquisition was made at an average price of GBX 476 (approximately $6.14) per share. The total cost of this transaction was £9,520, equating to about $12,271.20.
Stock Performance of BlackRock World Mining Trust
As of Thursday, the stock opened at GBX 478.50 ($6.17). BlackRock World Mining Trust has a market capitalization of £916.36 million. The company has a price-to-earnings ratio of -68.45, and its stock beta stands at 1.01. Additionally, its 50-day and 200-day simple moving averages are GBX 491.40 and GBX 507.38, respectively. Over the past year, the stock has reached a low of GBX 463.20 ($5.97) and a high of GBX 634 ($8.17).
On the same day as Venkatakrishnan's purchase, BlackRock World Mining Trust reported its quarterly earnings. For the quarter ending March 5th, the trust reported earnings per share of GBX 23.09 ($0.30). However, the company also reported a negative net margin of 153.65% and a negative return on equity of 1.19%.
Dividend Increase by BlackRock World Mining Trust
Recently, BlackRock World Mining Trust declared a dividend, which was distributed on February 27th. Investors who held shares as of February 13th received a dividend of GBX 12 ($0.15) per share, representing a yield of 3.62%. This dividend shows an increase from the previous payment of $5.50. The ex-dividend date for this distribution was February 13th, and the current dividend payout ratio (DPR) for the trust is at -486.41%.
Overview of BlackRock World Mining Trust
BlackRock World Mining Trust aims to offer diversified investments in mining and metal assets globally. The investment strategy is actively managed with the goal of maximizing total returns. While the primary focus is on investing in quoted securities, the policy also includes investments in royalties from metal and mineral production and in physical metals.
Additional Information
- Five stocks we like better than BlackRock World Mining Trust
- Insider Trades May Not Tell You What You Think
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- Investing In Preferred Stock vs. Common Stock
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- How to Find Undervalued Stocks
- Is Advanced Micro Devices Stock Slide Over?
Stay Updated - Enter your email address below to receive a daily summary of the latest news and analysts' ratings for BlackRock World Mining Trust and related companies.
BlackRock, stocks, dividend