LON:TIN (LON:TIN) Given “Buy” Rating at Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating reissued by Berenberg Bank in a research note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 151 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 48.84% from the company’s current price.

LON:TIN Stock Performance

Shares of TIN stock traded up GBX 1.45 during trading hours on Thursday, reaching GBX 101.45. The company had a trading volume of 56,711 shares, compared to its average volume of 231,869. The firm’s 50 day simple moving average is GBX 107.64. The firm has a market capitalization of £127.29 million and a price-to-earnings ratio of -14.49. LON:TIN has a 1-year low of GBX 76 and a 1-year high of GBX 150.

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