Zacks Rating on Timmons Gold Corp (TGD)

Timmons Gold Corp (TGD) : The consensus on Timmons Gold Corp (TGD) based on 3 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Timmins Gold Corp. has dropped 9.42% in the last five trading days, however, the shares have posted positive gains of 8.33% in the last 4 weeks. Timmins Gold Corp. is up 86.88% in the last 3-month period. Year-to-Date the stock performance stands at 257.25%. Timmons Gold Corp (NYSEMKT:TGD): stock turned positive on Tuesday. Though the stock opened at $0.5089, the bulls momentum made the stock top out at $0.52 level for the day. The stock recorded a low of $0.483 and closed the trading day at $0.493, in the green by 0.61%. The total traded volume for the day was 1,434,334. The stock had closed at $0.49 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.

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