Cornish Metals (CUSN) Share Price, News & Analysis

Company Overview

Cornish Metals is a dual-listed mineral exploration and development company (AIM and TSX-V: CUSN) focused on advancing the 100% owned and permitted South Crofty high-grade, underground tin project towards production. The Company also holds additional mineral rights located in Cornwall, United Kingdom. • South Crofty is a historical, high-grade, underground tin mine that started production in 1592 and continued operating until 1998 following over 400 years of continuous production; • The Project possesses Planning Permission for underground mining (valid to 2071), to construct new processing facilities and all necessary site infrastructure, and an Environmental Permit to dewater the mine; • South Crofty is one of the highest grade tin Mineral Resources globally and benefits from existing mine infrastructure including multiple shafts that can be used for future operations; • The 2024 Preliminary Economic Assessment for South Crofty validates the Project’s potential (see news release dated April 30, 2024 and the Technical Report entitled “South Crofty PEA” dated April 8, 2024): o US$201 million after-tax NPV8% and 29.8% IRR o 3-year after-tax payback o 4,700 tonnes average annual tin production in years two through six o Life of mine all-in sustaining cost of US$13,660 /tonne of payable tin o Total after-tax cash flow of US$626 million from start of production • Tin is a Critical Mineral as defined by the UK, American, and Canadian governments; • Approximately two-thirds of the tin mined today comes from China, Myanmar and Indonesia; • There is no primary tin production in Europe or North America; • Tin connects almost all electronic and electrical infrastructure, making it critical to the energy transition – responsible sourcing of critical minerals and security of supply are key factors in the energy transition and technology growth; • South Crofty benefits from strong local community, regional and national government support. • Cornish Metals has a growing team of skilled people, local to Cornwall, and the project could generate up to 320 direct jobs.

Key Stats

• Today's Range: 7.20 to 7.66
• 50-Day Range: 7.08 to 8.68
• 52-Week Range: 6.18 to 10
• Volume: 211,524 shs
• Average Volume: 645,571 shs
• Market Capitalization: £96.02 million
• P/E Ratio: 993.64
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

CUSN Stock Analysis - Frequently Asked Questions

How have CUSN shares performed this year?

Cornish Metals' stock was trading at GBX 8.80 at the start of the year. Since then, CUSN stock has decreased by 13.0% and is now trading at GBX 7.66.

How do I buy shares of Cornish Metals?

Shares of CUSN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Cornish Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cornish Metals investors own include Strongbow Exploration Inc. (SBW.V) (SBW), E3 Metals (ETMC), Good Energy Group (GOOD), Victrex (VCT), Vodafone Group Public (VOD), Woodbois (WBI) and Aston Martin Lagonda Global (AML).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:CUSN
• CIK: N/A
• Web: www.cornishmetals.com
• Phone: 604-200-6664
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX 0.01
• Trailing P/E Ratio: 993.64
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£328.47 thousand
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -0.22%
• Return on Assets: -2.52%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.20
• Quick Ratio: 72.74

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: GBX 6.23 per share
• Price / Cash Flow: 1.23
• Book Value: GBX 18.22 per share
• Price / Book: 0.42

Miscellaneous

• Outstanding Shares: 1,253,502,000
• Free Float: N/A
• Market Cap: £96.02 million
• Optionable: Not Optionable
• Beta: 2.48