BlackRock Energy and Resources (LON:BERI) Announces Quarterly Earnings Results

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

BlackRock Energy and Resources Price Performance

Shares of BlackRock Energy and Resources stock opened at GBX 118.50 ($1.48) on Wednesday. The company has a current ratio of 0.06, a quick ratio of 0.32 and a debt-to-equity ratio of 8.83. The firm has a fifty day simple moving average of GBX 119.26 and a 200-day simple moving average of GBX 118.05. The stock has a market capitalization of £144.68 million, a price-to-earnings ratio of 658.33 and a beta of 0.98. BlackRock Energy and Resources has a 1-year low of GBX 104 ($1.30) and a 1-year high of GBX 129.50 ($1.62).

BlackRock Energy and Resources Announces Dividend

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

About BlackRock Energy and Resources

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.