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

Berenberg Bank reiterated their buy rating on shares of LON:TIN (LON:TIN) in a report released on Thursday,Digital Look reports. The brokerage currently has a GBX 151 price objective on the stock.

LON:TIN Trading Up 1.4%

Shares of TIN opened at GBX 106.48 on Thursday. The company’s fifty day simple moving average is GBX 112.28. The stock has a market cap of £133.60 million and a P/E ratio of -15.21. LON:TIN has a 12 month low of GBX 76 and a 12 month 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.