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

LON:TIN (LON:TIN – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report released on Thursday, MarketBeat Ratings reports. They presently have a GBX 151 price target on the stock. Berenberg Bank’s target price indicates a potential upside of 45.19% from the company’s previous close.

LON:TIN Price Performance

Shares of LON:TIN stock opened at GBX 104 on Thursday. The company has a market cap of £130.49 million and a P/E ratio of -14.86. The business has a fifty day moving average price of GBX 108.34. LON:TIN has a fifty-two week low of GBX 76 and a fifty-two week high of GBX 150.

LON:TIN (LON:TIN – Get Free Report) last posted its quarterly earnings results on Thursday, September 24th. The company reported GBX (4) EPS for the quarter.

LON:TIN Company Profile

(Get Free Report)

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.

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