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

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

LON:TIN Price Performance

LON:TIN stock opened at GBX 102 on Monday. The stock has a market capitalization of £127.98 million and a price-to-earnings ratio of -14.57. LON:TIN has a twelve month low of GBX 76 and a twelve month high of GBX 150. The stock’s fifty day moving average is GBX 105.72.

LON:TIN (LON:TIN) last announced its quarterly earnings data on Thursday, September 24th. The company reported GBX (4) earnings per share (EPS) 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.