BlackRock World Mining Trust (LON:BRWM) Shares Pass Above Fifty Day Moving Average – Should You Sell?

BlackRock World Mining Trust plc (LON:BRWMGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 852.34 and traded as high as GBX 937. BlackRock World Mining Trust shares last traded at GBX 934, with a volume of 692,746 shares traded.

BlackRock World Mining Trust Stock Up 1.5%

The firm has a market cap of £1.77 billion, a price-to-earnings ratio of -98.14 and a beta of 1.01. The business’s fifty day moving average is GBX 852.34 and its two-hundred day moving average is GBX 703.26.

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. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.

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