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 presently have a GBX 151 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 31.12% from the company’s current price.

LON:TIN Price Performance

LON:TIN stock opened at GBX 115.16 on Thursday. The stock’s 50 day moving average is GBX 104.47. The company has a market cap of £144.49 million and a P/E ratio of -16.45. LON:TIN has a one year low of GBX 76 and a one year high of GBX 150.

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.