LON:TIN’s (TIN) Buy Rating Reaffirmed at Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research note issued to investors on Thursday,Digital Look reports. They currently have a GBX 151 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 41.12% from the company’s previous close.

LON:TIN Stock Up 0.5%

Shares of TIN stock opened at GBX 107 on Thursday. LON:TIN has a 12-month low of GBX 76 and a 12-month high of GBX 150. The firm has a market cap of £134.25 million and a price-to-earnings ratio of -15.29. The company has a fifty day moving average price of GBX 112.52.

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.