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Timmins Gold Corp T.TMM

"Timmins Gold Corp is engaged in acquiring, exploring, developing and operating mineral resource properties in Mexico. It owns and operates the San Francisco open pit and Ana Paula gold project in Guerrero and the Caballo Blanco gold project in Veracruz."


TSX:TMM - Post by User

Post by fb454on Apr 30, 2014 9:14am
239 Views
Post# 22506404

new analyst opinion

new analyst opinion
Joseph Fazzini, Dundee Capital Markets (4/29/14) "Following Q4/13's positive free cash flow (FCF) of US$8.7M, we expect Timmins Gold Corp. to generate ~US$6.4M of FCF in Q1/14. With the majority of its capital programs completed (sizeable drill program and crushing expansion work), we expect the company to continue generating positive FCF in 2014. . .by delivering operationally and generating consistent FCF, we expect Timmins to rebuild investor sentiment and close the valuation gap with its heap-leach peers over time."
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