LON:TIN’s (TIN) “Buy” Rating Reaffirmed at Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report released on Monday, October 12th, Digital Look reports. They currently have a GBX 153 price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 50.00% from the company’s previous close.

LON:TIN Stock Performance

TIN remained flat at GBX 102 during midday trading on Monday. The stock’s fifty day moving average price is GBX 105.72. LON:TIN has a 52-week low of GBX 76 and a 52-week high of GBX 150. The company has a market capitalization of £127.98 million and a PE ratio of -14.57.

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.