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BlackRock World Mining Trust (LSE:BRWM) Market Cap : £1,127.98 Mil (As of May. 03, 2024)


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What is BlackRock World Mining Trust Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). BlackRock World Mining Trust's share price for the quarter that ended in Dec. 2023 was £5.87. BlackRock World Mining Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 191.18 Mil. Therefore, BlackRock World Mining Trust's market cap for the quarter that ended in Dec. 2023 was £1,122.24 Mil.

BlackRock World Mining Trust's quarterly market cap declined from Dec. 2022 (£1,315.61 Mil) to Jun. 2023 (£1,145.19 Mil) and declined from Jun. 2023 (£1,145.19 Mil) to Dec. 2023 (£1,122.24 Mil).

BlackRock World Mining Trust's annual market cap increased from Dec. 2021 (£1,081.88 Mil) to Dec. 2022 (£1,315.61 Mil) but then declined from Dec. 2022 (£1,315.61 Mil) to Dec. 2023 (£1,122.24 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. BlackRock World Mining Trust's Enterprise Value for Today is £1,267.20 Mil.


BlackRock World Mining Trust Market Cap Historical Data

The historical data trend for BlackRock World Mining Trust's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock World Mining Trust Market Cap Chart

BlackRock World Mining Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 669.43 905.94 1,081.88 1,315.61 1,122.24

BlackRock World Mining Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,081.88 1,077.06 1,315.61 1,145.19 1,122.24

Competitive Comparison of BlackRock World Mining Trust's Market Cap

For the Asset Management subindustry, BlackRock World Mining Trust's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock World Mining Trust's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock World Mining Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where BlackRock World Mining Trust's Market Cap falls into.



BlackRock World Mining Trust Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

BlackRock World Mining Trust's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=£5.87*191.183
=£1,122.24

BlackRock World Mining Trust's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=£5.87*191.183
=£1,122.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlackRock World Mining Trust  (LSE:BRWM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


BlackRock World Mining Trust Market Cap Related Terms

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BlackRock World Mining Trust (LSE:BRWM) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. The company seeks to achieve its objective through investment in a diversified portfolio of mining and metal securities worldwide. It focuses upon investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. The company may restrict its investments to 10% of gross assets in physical metals and 20% in unquoted investments. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.

BlackRock World Mining Trust (LSE:BRWM) Headlines

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