TICKER: TMM:TSX; TGD:NYSE.MKT
Timmins Gold Corp. is strategically positioned for continuous growth as a gold production company. Focused in Mexico, the company owns and operates the San Francisco gold mine, an open-pit, heap-leach operation. Timmins Gold has scheduled production of 100 Koz in 2012, ramping up to 130 Koz in 2013. The company's has many value drivers. It is an unhedged, pure gold producer (25,153 oz Q3/12); has growing cash flows and profits (16.8M in Q3/12); increasing gold resources and production; expansion funded from cash flow; a 21% return on equity; and a strong team in place for future growth.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
The Gold Report Interview with Jay Taylor
"Timmins Gold Corp. is a company with good cash flow and is certainly in a position to grow organically from its San Francisco mine in Mexico."
Ivan Lo, The Equedia Weekly Letter
"In a recent article published by The Globe and Mail, Timmins Gold Corp. was named one of the top stocks that might appeal to anyone looking for a bargain on the TSX. . .Timmins showed a 33.3% return on equity and a P/E ratio of 8.3, which means it has a demonstrated ability to produce profits while also being considerably cheaper than the market norm. . .from a scale of 1 (Sell) to 5 (Buy), recent analyst consensus for the company was pegged at 4.5. You have to love a company that continually produces profits for its shareholders."
Andrew Kaip, BMO Capital Markets
"Timmins Gold Corp. has largely de-risked the San Francisco mine in Mexico over the last two years and is now in the position to grow production through low-cost optimization. . .the company provides investors with near-term growth with annual production projected to move into the 125—135Koz range in 2014. . .low sustaining capital requirements translate into superior free cash flow yield relative to peers."
The Gold Report Interview with Ivan Lo
"Timmins Gold Corp. is a favorite. The company continues to increase revenues, cut costs and expand its mine life with funds paid from production. It just had another record-breaking quarter. Its profit from operations grew 40%; earnings are up 155%; cash flow is up 50% or 51%, and it sold 30% to 35% more gold than it did last year. This is all at a cash cost per ounce on a byproduct basis of $703. That's an all-in cost. Even if prices fall to $1,000/oz, Timmins is still making money. In the gold space that's rare. . .it's still undervalued compared to its peers. Timmins isn't even close to being fairly valued. Some of the analysts have price targets double where Timmins is currently trading."
The Gold Report Interview with Peter Grandich
"Without a doubt, the best performer among my client companies has been Timmins Gold Corp. You really have to marvel at what it has achieved. Timmins began its quest to become a significant producer during the worst financial crisis in decades and is now a clear leader in the next generation of major producers. . .unlike many other gold stocks that have gotten creamed, Timmins did not decline close to them percentage-wise. It's a sign that investors have recognized it to be an amazingly well-run company that is either going to be an acquirer or a takeover target. It's doing too well to sit back. I would suggest that in 12 to 24 months we will learn that Timmins has gone on the acquisition trail, or was attempted to be taken over by a larger company."
Timmins Gold Corp. Content
TMM on GoldSeek Radio
TMM: Production Grows
TMM's Latest Fact Sheet
a BullMarketThinking.com Article: "Mining Executive Bruce Bragagnolo: 'Gold Will Be The Best Business On The Planet; It’s The Only Thing That Works'"
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