LON:TIN (LON:TIN) Posts Quarterly Earnings Results

LON:TIN (LON:TIN) announced its quarterly earnings data on Thursday. The company reported GBX (4) EPS for the quarter, Digital Look Earnings reports.

LON:TIN Stock Performance

Shares of LON TIN opened at GBX 103.50 on Friday. The company has a market cap of £129.86 million and a P/E ratio of -14.79. LON:TIN has a 52-week low of GBX 76 and a 52-week high of GBX 150. The company has a fifty day moving average of GBX 108.51.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 151 target price on shares of LON:TIN in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 151.

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.