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

LON:TIN (LON:TIN)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued on Thursday, London Stock Exchange reports. They currently have a GBX 151 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 45.94% from the stock’s previous close.

LON:TIN Stock Down 0.5%

LON:TIN opened at GBX 103.47 on Thursday. The firm’s 50-day moving average is GBX 108.69. The company has a market capitalization of £129.82 million and a price-to-earnings ratio of -14.78. LON:TIN has a 52-week low of GBX 76 and a 52-week high of GBX 150.

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

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.