LON:TIN (LON:TIN) Receives “Buy” Rating from Berenberg Bank

LON:TIN (LON:TIN)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 150 price target on the stock. Berenberg Bank’s target price would indicate a potential upside of 37.61% from the company’s current price.

LON:TIN Stock Performance

TIN stock opened at GBX 109 on Wednesday. The business’s 50-day moving average price is GBX 102.67. The company has a market cap of £136.76 million and a PE ratio of -15.57. LON:TIN has a 1 year low of GBX 76 and a 1 year high of GBX 150.

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.