LON:TIN (LON:TIN) Stock Gets Price Target Cut from Berenberg Bank

LON:TIN (LON:TIN – Free Report) had its price target reduced by Berenberg Bank from GBX 153 to GBX 93 in a research report released on Wednesday,Digital Look reports. They currently have a buy rating on the stock.

LON:TIN Trading Down 1.7%

LON TIN opened at GBX 57 on Wednesday. The business’s 50 day moving average is GBX 88.52 and its two-hundred day moving average is GBX 101.62. LON:TIN has a 12-month low of GBX 57 and a 12-month high of GBX 150. The stock has a market capitalization of £71.52 million and a price-to-earnings ratio of -8.14.

LON:TIN (LON:TIN – Get Free Report) last posted its quarterly earnings results on Thursday, September 24th. The company reported GBX (4) EPS for the quarter.

About LON:TIN

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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.

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