Timmins Gold Corp Given Consensus Rating of “Buy” by Analysts (NYSE:TGD)
Timmins Gold Corp (NYSE:TGD) has earned a consensus recommendation of “Buy” from the eight brokerages that are currently covering the company, AnalystRatings.NET reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $2.23.
A number of analysts have recently weighed in on TGD shares. Analysts at Zacks upgraded shares of Timmins Gold Corp from a “neutral” rating to an “outperform” rating in a research note on Monday, July 14th. They now have a $2.00 price target on the stock. Separately, analysts at M Partners raised their price target on shares of Timmins Gold Corp from C$2.25 to C$2.50 in a research note on Friday, July 11th. They now have a “buy” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Timmins Gold Corp from C$2.25 to C$2.50 in a research note on Thursday, July 10th. They now have a “buy” rating on the stock.
Shares of Timmins Gold Corp (NYSE:TGD) opened at 1.92 on Tuesday. Timmins Gold Corp has a one year low of $0.97 and a one year high of $2.28. The stock’s 50-day moving average is $1.66 and its 200-day moving average is $1.44. The company has a market cap of $313.7 million and a price-to-earnings ratio of 31.29.
Timmins Gold Corp (NYSE:TGD) last released its earnings data on Thursday, May 1st. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.02. Analysts expect that Timmins Gold Corp will post $0.13 EPS for the current fiscal year.
Timmins Gold Corp. (NYSE:TGD) is a gold mining and exploration company.
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