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Shares of Timmins Gold Corp (NYSE:TGD) were the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 470,280 shares, a growth of 10.0% from the July 15th total of 427,571 shares, Analyst Ratings News reports. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 279,026 shares, the days-to-cover ratio is presently 1.7 days.

TGD has been the subject of a number of recent research reports. Analysts at Jennings Capital downgraded shares of Timmins Gold Corp from a “buy” rating to a “sell” rating in a research note on Wednesday, July 30th. Separately, analysts at TD Securities raised their price target on shares of Timmins Gold Corp from C$2.50 to C$2.75 in a research note on Wednesday, July 30th. They now have a “buy” rating on the stock. Finally, analysts at Cowen and Company downgraded shares of Timmins Gold Corp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $2.44.

Shares of Timmins Gold Corp (NYSE:TGD) opened at 1.80 on Tuesday. Timmins Gold Corp has a one year low of $0.97 and a one year high of $2.26. The stock’s 50-day moving average is $1.79 and its 200-day moving average is $1.51. The company has a market cap of $294.2 million and a price-to-earnings ratio of 23.38.

Timmins Gold Corp (NYSE:TGD) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.02 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.01. Analysts expect that Timmins Gold Corp will post $0.12 EPS for the current fiscal year.

Timmins Gold Corp. (NYSE:TGD) is a gold mining and exploration company.

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