Is Tahoe Resources Inc a Buy? The Stock Rises Again


 Is Tahoe Resources Inc a Buy? The Stock Rises Again

The stock of Tahoe Resources Inc (TSE:THO) is a huge mover today! About 118,683 shares traded hands. Tahoe Resources Inc (TSE:THO) has risen 6.07% since March 10, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 8 months positive chart setup for the $4.42B company. It was reported on Oct, 17 by We have $20.03 PT which if reached, will make TSE:THO worth $1.50B more.

Tahoe Resources Inc (TSE:THO) Ratings Coverage

Out of 4 analysts covering Tahoe Resources Inc (TSE:THO), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $26 is the highest target while $13 is the lowest. The $21.88 average target is 46.35% above today’s ($14.95) stock price. Tahoe Resources Inc has been the topic of 14 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Thursday, November 26 by RBC Capital Markets. RBC Capital Markets downgraded Tahoe Resources Inc (TSE:THO) rating on Thursday, February 18. RBC Capital Markets has “Sector Perform” rating and $13 price target. Raymond James upgraded the shares of THO in a report on Tuesday, February 9 to “Strong Buy” rating. As per Friday, January 15, the company rating was maintained by RBC Capital Markets. The stock of Tahoe Resources Inc (TSE:THO) earned “Overweight” rating by JP Morgan on Friday, December 11. The stock has “Outperform” rating given by RBC Capital Markets on Monday, August 24. As per Thursday, October 8, the company rating was upgraded by IBC. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 27.

More important recent Tahoe Resources Inc (TSE:THO) news were published by: which released: “Ex-Div Reminder for Tahoe Resources (TAHO)” on September 16, 2016, also published article titled: “Tahoe Resources Enters Oversold Territory (THO)”, published: “Tahoe Resources About To Put More Money In Your Pocket (TAHO)” on July 15, 2016. More interesting news about Tahoe Resources Inc (TSE:THO) was released by: and their article: “Tahoe Resources, Inc. (TAHO) Ex-Dividend Date Scheduled for September 20, 2016” with publication date: September 19, 2016.

Tahoe Resources Inc. is a mine operating, mineral exploration and development company. The company has a market cap of $4.42 billion. The Company’s principal business activities are to operate the Escobal mine, a silver mining operation in southeastern Guatemala; the La Arena mine, a gold mining operation located in northwestern Peru, and the Shahuindo gold mine, located in northwestern Peru. It currently has negative earnings. It conducts its business in two divisions based on the primary metal produced: gold and silver.

THO Company Profile

Thor Industries, Inc. (Thor), incorporated on July 26, 1983, makes and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Company’s towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels. In addition, it also produces truck and folding campers and equestrian, and other specialty towable recreational vehicles, as well as Class A, Class C and Class B motorhomes. The Firm operates through two divisions: towable recreational vehicles and motorized recreational vehicles.

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