LON:TIN (LON:TIN) Given New GBX 93 Price Target at Berenberg Bank

LON:TIN (LON:TIN) had its price objective lowered by Berenberg Bank from GBX 153 to GBX 93 in a research report issued to clients and investors on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank‘s price target indicates a potential upside of 58.30% from the stock’s previous close.

LON:TIN Trading Down 2.1%

Shares of TIN opened at GBX 58.75 on Wednesday. The firm has a market cap of £73.72 million and a price-to-earnings ratio of -8.39. The stock has a 50 day moving average of GBX 91.60 and a 200-day moving average of GBX 102.49. LON:TIN has a 52 week low of GBX 57 and a 52 week high of GBX 150.

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.