Scotiabank reiterated their outperform rating on shares of Timmins Gold Corp. (TSE:TMM) in a research note issued to investors on Friday morning. The brokerage currently has a C$1.00 target price on the stock.
A number of other equities research analysts have also weighed in on the stock. National Bank Financial lifted their target price on shares of Timmins Gold Corp. from C$0.65 to C$0.90 in a research note on Wednesday, July 13th. Beacon Securities reaffirmed a buy rating on shares of Timmins Gold Corp. in a research note on Friday, July 29th. TD Securities reaffirmed a buy rating and set a C$1.10 target price on shares of Timmins Gold Corp. in a research note on Tuesday, August 23rd. Finally, RBC Capital Markets raised shares of Timmins Gold Corp. from an underperform rating to a sector perform rating and lifted their target price for the company from C$0.70 to C$1.00 in a research note on Friday, August 19th. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of C$0.70.
Timmins Gold Corp. (TSE:TMM) opened at 0.63 on Friday. Timmins Gold Corp. has a 52-week low of $0.10 and a 52-week high of $0.80. The stock’s 50 day moving average is $0.62 and its 200-day moving average is $0.53. The company’s market capitalization is $201.11 million.
About Timmins Gold Corp.
Timmins Gold Corp. is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, SA de C.V. and Molimentales del Noroeste, SA de C.V. (MdN). MdN owns the San Francisco Mine in Sonora, Mexico.
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