Breakout Gold Stocks to Buy: Timmins Gold (TGD)
Click to Enlarge Timmins Gold (TGD), like the other two gold stocks, is also challenging its 200-day moving average as buyers pour capital into a sector that had been left for dead. An upside breakout here would be the first since early 2013.
Timmins Gold is coming off a record Q4, which helped the company add $8.7 million to the company’s cash balance.
I’ve added shares of TGD to my Edge Letter Sample Portfolio.
Anthony Mirhaydari is founder of the Edge and Edge Pro investment advisory newsletters, as well as Mirhaydari Capital Management, a registered investment advisory firm. As of this writing, he had recommended BAA, TGD and BVN to his clients.