Timmons Gold Corp (TGD) Shares are Up 2.4%

Timmons Gold Corp (TGD) has been under a strong bear grip, hence the stock is down -4.55% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.86% in the past 1 week. The stock has risen by 2.4% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.48% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.76% and the 50-Day Moving Average is 2.93%.The 200 Day SMA reached 57.95% Timmins Gold Corp. is up 49.66% in the last 3-month period. Year-to-Date the stock performance stands at 252.46%.


Company shares have received an average consensus rating of Hold for the current week Timmons Gold Corp (NYSEMKT:TGD): stock was range-bound between the intraday low of $0.4749 and the intraday high of $0.4998 after having opened at $0.48 on Fridays session. The stock finally closed in the red at $0.48, a loss of -0.78%. The stock remained in the red for the whole trading day. The total traded volume was 1,073,686 shares. The stock failed to cross $0.4998 in Fridays trading. The stocks closing price on Thursday was $0.4864.

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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