LON:TIN (LON:TIN) Announces Earnings Results

LON:TIN (LON:TIN) released its quarterly earnings results on Thursday. The company reported GBX (4) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

LON:TIN Trading Down 1.0%

LON TIN opened at GBX 103 on Thursday. The company has a market capitalization of £129.24 million and a PE ratio of -14.71. The business has a 50-day moving average of GBX 108.69. LON:TIN has a 12 month low of GBX 76 and a 12 month high of GBX 150.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 151 target price on shares of LON:TIN in a report on Thursday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 151.

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.