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Thursday, September 3, 2015

Analyst sees 250% upside for Timmins Gold Corp - TSEv - TMM

Timmins Gold Corp
 
TMM-TSX 
TGD-NYSE
Financial Analysis by Ringler Research: Reveals TMM valued at $1.40 per share trading today at .345c Original Research from Ringler Research, a brand of Ringler Consulting and Research GmbH Analyst: Carsten Ringler Type of study:

 Projected upside potential to the analytical valuation price target: 250% Sector: Mining and Metals ISIN Nummer: CA88741P1036 WKN Wertpapierkennnummer: A0KFSM

 Timmins Gold Corp., which owns and develop various precious metals projects in Mexico. The author Carsten Ringler: "We like the high resource base of approximately 6.4 million ounces Gold and the medium to long-term production growth potential in the next few years. The Company has currently a very low market valuation and offers a high leverage in a rising precious metal prices environment. " 

 About the company: Timmins Gold Corp is a gold producer in Mexico. The current flagship project

"San Francisco Mine" is located about 150 km north of the capital city Hermosillo, which is in the state Sonora. The "San Francisco" mine is an open pit operation and the ore is processed in a multistage process thereafter. In 2014, a total of 121,573 ounces GoldEq were mined and processed with low cash cost AISC of 925 USD GoldEq ounce. The company expect to produce in 2015 between 100-110.000 ounces gold at cash cost of 875-925 USD. The project portfolio also includes the Mexican Gold Projects "Caballo Blanco" and "Ana Paula". It is planned, that both projects will be brought into production in the next few years.  

Timmins Gold is listed on the Canadian Stock Exchange and the Frankfurt Stock Exchange. More information about the projects and the company can be found at:

 www.timminsgold.com
 TGD-NYSE

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