Press release -
Ringler Research: Financial analysis about gold producer Timmins Gold Corp. published / Analytical valuation price of 0.40 CAD / 0.29€ (+74% upside target)
Ringler Research: Financial analysis about gold producer Timmins Gold Corp. published / Analytical valuation price of 0.40 CAD / 0.29€ (+74% upside target)
Original Research from Ringler Research, a brand of Ringler Consulting and Research GmbH
Analyst: Carsten Ringler
Type of study: Research update as of 20.11.2015
Analytical valuation price target: 0.40 CAD / 0.29€
Last closing price as of 19.11.2015: 0.23 CAD / 0.15€
Projected upside potential to the analytical valuation price target: 74%
Sector: Mining and Metals
ISIN Nummer: CA88741P1036
WKN Wertpapierkennnummer: A0KFSM
About the company:
Timmins Gold Corp is a gold producer in Mexico.
The current flagship project "San Francisco Mine" is located about 150 km north of the capital city Hermosillo, which is in the state Sonora. The "San Francisco" mine is an open pit operation and the ore is processed in a multistage process thereafter.
In 2014, a total of 121,573 ounces GoldEq were mined and processed with low cash cost “AISC” of 925 USD GoldEq ounce. The company expect to produce 90.000 ounces gold in 2015 at cash cost of 1.000 - 1.050 USD.
The project portfolio also includes the Mexican Gold Projects "Caballo Blanco" and "Ana Paula". It is planned, that both projects will be brought into production in the next few years.
Timmins Gold is listed on the Canadian Stock Exchange and the Frankfurt Stock Exchange.
More information about the projects and the company can be found at: http://www.timminsgold.com/
About Ringler Research:
Ringler Consulting and Research GmbH offers wide range of consulting services for mining comapnies and institutional capital market participants. This includes, for example, the creation and distribution of equity research studies on mining companies.
The complete financial analysis can be downloaded for free after a short registration under the following link: http://www.mining-research.com/research-berichte
Please note the disclaimer, the important notes at the end of the financial analysis and on the website: http://www.mining-research.com/disclaimer
This press release and the financial analysis is not an investment advice or recommendation of certain market transactions.
Presscontact: Ringler Consulting and Research GmbH
Contact person: Carsten Ringler
Telephone: +49 172 6918274
Mail: c.ringler@gmx.de
Webpage: www.mining-research.com
Topics
- Economy
Categories
- gold
- carsten ringler
- ringler research
- timmins gold
- gold producer
- mining