Timmins Gold Corp Sees Large Growth in Short Interest (TGD)
Timmins Gold Corp (NYSE:TGD) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 540,271 shares, a growth of 23.9% from the March 31st total of 436,073 shares, AnalystRatingsNetwork.com reports. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 238,611 shares, the short-interest ratio is presently 2.3 days.
Timmins Gold Corp (NYSE:TGD) opened at 1.42 on Monday. Timmins Gold Corp has a one year low of $0.97 and a one year high of $2.69. The stock’s 50-day moving average is $1.37 and its 200-day moving average is $1.32. The company has a market cap of $232.0 million and a price-to-earnings ratio of 12.83.
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