LON:TIN (LON:TIN) Given Buy Rating at Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report issued on Monday, Digital Look reports. They currently have a GBX 153 target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 47.83% from the company’s current price.

LON:TIN Stock Down 0.5%

Shares of LON:TIN stock opened at GBX 103.50 on Monday. The firm has a fifty day simple moving average of GBX 106.59. LON:TIN has a 12 month low of GBX 76 and a 12 month high of GBX 150. The firm has a market cap of £129.86 million and a PE ratio of -14.79.

LON:TIN (LON:TIN) last issued its quarterly earnings results on Thursday, September 24th. The company reported GBX (4) earnings per share for the quarter.

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.