LON:TIN (LON:TIN) Issues Earnings Results

LON:TIN (LON:TIN) released its quarterly earnings data on Thursday. The company reported GBX (4) earnings per share for the quarter, Digital Look Earnings reports.

LON:TIN Price Performance

Shares of LON TIN opened at GBX 104 on Friday. LON:TIN has a 12-month low of GBX 76 and a 12-month high of GBX 150. The firm’s fifty day moving average is GBX 108.34. The company has a market cap of £130.49 million and a PE ratio of -14.86.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 151 target price on shares of LON:TIN in a research report on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, LON:TIN has a consensus rating of “Buy” and an average price target of GBX 151.

LON:TIN Company Profile

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.