VALUENGINE RECOMMENDATION ValuEngine has issued a SELL VALUENGINE RECOMMENDATION
ValuEngine has issued a SELL recommendation for TIMMINS GOLD-TS on
Aug 01, 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.
FAIR MARKET VALUATION PRICE
Based on available data as of Aug 01, 2014, we believe that TMM should be
trading at $1.54. This makes TMM 30.47% 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 0.11. There are an additional 10
firm specific and interest rate related parameters, each playing a role in the
valuation analysis.