Berenberg Bank Reaffirms Buy Rating for LON:TIN (LON:TIN)

LON:TIN (LON:TIN)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research report issued on Monday, Digital Look reports. They currently have a GBX 153 target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 50.00% from the stock’s previous close.

LON:TIN Price Performance

LON:TIN opened at GBX 102 on Monday. The company has a 50 day simple moving average of GBX 106.36. The company has a market capitalization of £127.98 million and a price-to-earnings ratio of -14.57. LON:TIN has a 12-month low of GBX 76 and a 12-month high of GBX 150.

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

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.