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

LON:TIN (LON:TIN)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report released on Thursday, September 24th, MarketBeat reports. They presently have a GBX 151 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 41.12% from the company’s current price.

LON:TIN Trading Up 4.9%

Shares of LON:TIN traded up GBX 5 on Thursday, hitting GBX 107. The company had a trading volume of 241,506 shares, compared to its average volume of 231,929. LON:TIN has a 1-year low of GBX 76 and a 1-year high of GBX 150. The company has a market cap of £134.25 million and a PE ratio of -15.29. The stock’s 50 day moving average is GBX 107.64.

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