Timmins Gold Corp Announces Record Profit in Q3

Timmins Gold Corp. (TSX: MM, NYSE:TGD) announced record profits in Q3.

As quoted in the press release:

Metal revenues were $41.7 million, compared to $28.2 million during the same prior year period. This represents a 48% increase over the prior year.

Timmins Gold Corp’s CEO, Bruce Bragagnolo, said:

 The Company is realizing significant free cash flow and it continues to fund all of its operations, expansion and drilling from existing cash flows. The Company believes it is well positioned to continue realizing current gold prices, generating strong margins and increased cash flow from operations.

To view the full press release, click here.