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

LON:TIN (LON:TIN)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report released on Monday,Digital Look reports. They presently have a GBX 150 price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 51.98% from the company’s previous close.

LON:TIN Stock Performance

Shares of LON:TIN opened at GBX 98.70 on Monday. The company has a market capitalization of £123.84 million and a P/E ratio of -14.10. LON:TIN has a fifty-two week low of GBX 76 and a fifty-two week high of GBX 150.

About LON:TIN

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.