LON:TIN (LON:TIN) Earns “Buy” Rating from Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating restated by Berenberg Bank in a research note issued on Monday, Digital Look reports. They presently have a GBX 153 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 50.00% from the stock’s current price.

LON:TIN Price Performance

Shares of TIN remained flat at GBX 102 during mid-day trading on Monday. 59,520 shares of the company’s stock were exchanged, compared to its average volume of 225,785. LON:TIN has a 52 week low of GBX 76 and a 52 week high of GBX 150. The company’s fifty day moving average price is GBX 106.14. The firm has a market capitalization of £127.98 million and a price-to-earnings ratio of -14.57.

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