Company Shares of Timmons Gold Corp (NYSEMKT:TGD) Drops by -5.86%

Timmons Gold Corp (NYSEMKT:TGD) has risen sharply, recording gains of 40.19% in the past 4 weeks. However, the stock has corrected -5.86% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 37.96% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have dropped -4.26% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $0.48 and the one year low was seen on Jan 19, 2016. The 50-Day Moving Average price is $0.33 and the 200 Day Moving Average price is recorded at $0.26.

The stock has recorded a 20-day Moving Average of 26.36% and the 50-Day Moving Average is 31.49%.


Timmons Gold Corp (NYSEMKT:TGD): stock turned positive on Friday. Though the stock opened at $0.43, the bulls momentum made the stock top out at $0.4543 level for the day. The stock recorded a low of $0.415 and closed the trading day at $0.45, in the green by 2.93%. The total traded volume for the day was 1,578,609. The stock had closed at $0.4372 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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