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

LON:TIN (LON:TIN)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They currently have a GBX 150 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 37.61% from the stock’s previous close.

LON:TIN Stock Performance

TIN opened at GBX 109 on Wednesday. LON:TIN has a 12 month low of GBX 76 and a 12 month high of GBX 150. The company has a fifty day moving average price of GBX 102.67. The company has a market cap of £136.76 million and a PE ratio of -15.57.

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.