LON:TIN (LON:TIN) Given New GBX 150 Price Target at Berenberg Bank

Key Points

• Berenberg Bank cut its price target for LON:TIN from GBX 196 to GBX 150 while maintaining a "buy" rating, with the new target implying about a 49.25% upside from the previous close.
• Shares opened at GBX 100.50, trading within a one‑year range of GBX 76–150; the firm has a market capitalization of £126.09 million and a negative P/E of -14.36.
• Cornish Metals is advancing the restart of the historic South Crofty tin mine—fully permitted and 100% owned—positioning it as a potential first primary tin producer in Europe or North America and exposing investors to a UK‑designated critical mineral.

LON:TIN (LON:TIN - Get Free Report) had its price objective reduced by Berenberg Bank from GBX 196 to GBX 150 in a research note issued on Friday,London Stock Exchange reports. The brokerage currently has a "buy" rating on the stock. Berenberg Bank's target price would indicate a potential upside of 49.25% from the stock's previous close.

LON:TIN Price Performance

Shares of TIN opened at GBX 100.50 on Friday. LON:TIN has a one year low of GBX 76 and a one year high of GBX 150. The firm has a market capitalization of £126.09 million and a P/E ratio of -14.36.

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.

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