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

BlackRock Energy and Resources (LON:BERI) released 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 net margin of 87.98% and a return on equity of 14.24%.

BlackRock Energy and Resources Stock Down 0.8 %

Shares of BlackRock Energy and Resources stock opened at GBX 118.50 ($1.47) on Tuesday. The stock has a 50-day simple moving average of GBX 119.35 and a 200-day simple moving average of GBX 118.05. BlackRock Energy and Resources has a 52-week low of GBX 104 ($1.29) and a 52-week high of GBX 129.50 ($1.61). The firm has a market cap of £144.68 million, a price-to-earnings ratio of 658.33 and a beta of 0.98. The company has a debt-to-equity ratio of 8.83, a current ratio of 0.06 and a quick ratio of 0.32.

BlackRock Energy and Resources Announces Dividend

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