LON:TIN (LON:TIN) Receives Buy Rating from Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 151 target price on the stock. Berenberg Bank’s price target suggests a potential upside of 41.12% from the company’s previous close.

LON:TIN Stock Up 0.5%

Shares of LON:TIN stock opened at GBX 107 on Thursday. The company’s fifty day simple moving average is GBX 112.52. The company has a market cap of £134.25 million and a PE ratio of -15.29. LON:TIN has a 52 week low of GBX 76 and a 52 week high of GBX 150.

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.