Analyst Rating Update on Timmons Gold Corp (TGD)

Timmons Gold Corp (NYSEMKT:TGD) has an average broker rating of 3, which is interpreted as a Hold, as rated by 2 equity analysts. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Company shares have received an average consensus rating of Hold for the current week

Timmons Gold Corp (NYSEMKT:TGD): On Tuesdays trading session , Opening price of the stock was $0.35 with an intraday high of $0.35. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.33. However, the stock managed to close at $0.345, a loss of 2.02% for the day. On the previous day, the stock had closed at $0.3521. The total traded volume of the day was 1,039,584 shares.

Timmins Gold Corp. is a gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico. The Company owns and operates the Mine in the state of Sonora, Mexico. The Mine and the La Chicharra pit are collectively known as the Gold Property. The Company has title to approximately 200,000 hectares of exploration claims in and around the Gold Property. The Company also has title to the Timmins Goldcorp Mexico claims located in the state of Zacatecas, Mexico. The Company also holds 100.0% of the Caballo Blanco gold project, which is an advanced stage open pit, heap leach gold project located 65 kilometers Northwest of Veracruz, Mexico. The project consists of two large areas of epithermal gold mineralization, the Northern Zone and the Highway Zone, contained within 13 mineral concessions covering over 54,000 hectares.

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