BlackRock Energy and Resources (LON:BERI) Posts Earnings Results

BlackRock Energy and Resources (LON:BERI) announced its earnings results on Monday. The company reported GBX 3.63 ($0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. BlackRock Energy and Resources had a net margin of 87.98% and a return on equity of 14.24%.

BlackRock Energy and Resources Price Performance

Shares of LON:BERI traded down GBX 0.75 ($0.01) during midday trading on Wednesday, hitting GBX 118.50 ($1.48). The stock had a trading volume of 85,931 shares, compared to its average volume of 256,308. The company’s 50-day moving average price is GBX 119.26 and its 200-day moving average price is GBX 118.05. The company has a quick ratio of 0.32, a current ratio of 0.06 and a debt-to-equity ratio of 8.83. BlackRock Energy and Resources has a fifty-two week low of GBX 104 ($1.30) and a fifty-two week high of GBX 129.50 ($1.62). The company has a market capitalization of £144.68 million, a P/E ratio of 658.33 and a beta of 0.98.

BlackRock Energy and Resources Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Thursday, December 5th were paid a dividend of GBX 1.13 ($0.01) per share. The ex-dividend date was Thursday, December 5th. This represents a yield of 0.93%. BlackRock Energy and Resources’s payout ratio is 2,777.78%.

BlackRock Energy and Resources Company Profile

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.