BlackRock Energy and Resources (LON:BERI) Trading Up 0.2% – Still a Buy?

BlackRock Energy and Resources Inc (LON:BERIGet Free Report) was up 0.2% during mid-day trading on Monday . The stock traded as high as GBX 114 ($1.54) and last traded at GBX 113.25 ($1.53). Approximately 344,117 shares changed hands during trading, an increase of 32% from the average daily volume of 260,404 shares. The stock had previously closed at GBX 113 ($1.53).

BlackRock Energy and Resources Trading Up 0.2%

The business has a 50 day moving average price of GBX 107.08 and a 200-day moving average price of GBX 114.37. The firm has a market capitalization of £134.32 million, a PE ratio of 5.95 and a beta of 0.98.

BlackRock Energy and Resources Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 25th. Investors of record on Thursday, March 27th were issued a dividend of GBX 1.13 ($0.02) per share. This represents a yield of 0.95%. The ex-dividend date was Thursday, March 27th. BlackRock Energy and Resources’s dividend payout ratio is presently 26.28%.

About BlackRock Energy and Resources

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The Company aims to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.

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