value engine TMM > SELL VALUENGINE RECOMMENDATION
ValuEngine has issued a SELL recommendation for TIMMINS GOLD-TS on
May 02, 2014. Based on the information we have gathered and our resulting
research, we feel that TIMMINS GOLD-TS has the probability to
UNDERPERFORM average market performance for the next year. The
company exhibits UNATTRACTIVE market valuation, momentum and
volatility.
RECOMMENDATION OVERVIEW
ValuEngine's stock recommendations are based on the proprietary ValuEngine
one-year forecast return (1YFR) model output for each individual equity. A
stock is rated Strong Buy, Buy, Hold, Sell, Strong Sell based on the Forecast
One Year Return. The breakdown for each rating is as follows:
• Strong Buy: Better than +12% 1YFR
• Buy: Between +5% and +12% 1YFR
• Hold: Between -5% and +5% 1YFR
• Sell: Between -12% and -5% 1YFR
• Strong Sell: Worse than -12% 1YFR
There is an additional buffer for stock upgrades or stock downgrades to
eliminate stocks moving back and forth quickly between ratings. ValuEngine's
Strong Buy-rated stocks have an average annual return of 24% since 2001. For
more details on the ValuEngine One Year Forecast Target price and its
components, please go HERE.
FAIR MARKET VALUATION PRICE
Based on available data as of May 02, 2014, we believe that TMM should be
trading at $1.09. This makes TMM 40.54% overvalued. Fair Value indicates
what we believe the stock should be trading at today if the stock market were
perfectly efficient and everything traded at its true worth. For TMM, we base this
on actual earnings per share (EPS) for the previous four quarters of 0.15, and
forecasted EPS for the next four quarters of 0.10. There are an additional 10
firm specific and interest rate related parameters, each playing a role in the
valuation analysis. For more details on ValuEngine's Fair Value Model, please