LON:TIN (LON:TIN) Given New GBX 150 Price Target at Berenberg Bank

LON:TIN (LON:TIN) had its price objective reduced by Berenberg Bank from GBX 196 to GBX 150 in a report released on Friday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

LON:TIN Stock Down 1.0%

LON:TIN stock opened at GBX 100 on Friday. LON:TIN has a twelve month low of GBX 76 and a twelve month high of GBX 150. The company has a market cap of £125.47 million and a PE ratio of -14.29.

About LON:TIN

Cornish Metals (AIM: TIN) is a mineral exploration and development company advancing the restart of production from the historic South Crofty Tin Mine in Cornwall. South Crofty is the highest-grade tin resource not currently in production and is fully permitted, 100% owned, and supported by extensive existing underground infrastructure. Tin is a UK-designated Critical Mineral, essential to electronics, electrification and the energy transition, and South Crofty has the potential to become the first primary tin producer in Europe or North America.

Following its re-domiciliation to the UK and sole listing on AIM, Cornish Metals is aligned with its flagship asset, stakeholders and long-term strategy.