Timmons Gold Corp (TGD) : Traders are bullish on Timmons Gold Corp (TGD) as it has outperformed the S&P 500 by a wide margin of 6.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.49%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.42% in the last 1 week, and is up 9.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 10.59% and the 50-Day Moving Average is 39.98%. Timmins Gold Corp. is up 21.34% in the last 3-month period. Year-to-Date the stock performance stands at 279.86%.
Timmons Gold Corp (NYSEMKT:TGD): stock turned positive on Friday. Though the stock opened at $0.5101, the bulls momentum made the stock top out at $0.5315 level for the day. The stock recorded a low of $0.5033 and closed the trading day at $0.5242, in the green by 6.13%. The total traded volume for the day was 1,217,143. The stock had closed at $0.4939 in the previous days trading.
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.