Tahoe Resources, Inc. (NYSE:TAHO) is expected to pay $0.02 on Nov 23, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Tahoe Resources, Inc.’s current price of $9.70, the dividend is 0.21%. This dividend’s record date is Nov 16, 2016 and the announcement date is Nov 4, 2016. The stock decreased 5.37% or $0.55 on November 11, hitting $9.7. About 4.59M shares traded hands or 93.67% up from the average. Tahoe Resources Inc (NYSE:TAHO) has declined 21.07% since April 12, 2016 and is downtrending. It has underperformed by 26.06% the S&P500.
Tahoe Resources Inc. is a mine operating, mineral exploration and development company. The company has a market cap of $3.02 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.
Tahoe Resources Inc (NYSE:TAHO) Ratings Coverage
Out of 4 analysts covering Tahoe Resources (NYSE:TAHO), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Tahoe Resources has been the topic of 6 analyst reports since October 8, 2015 according to StockzIntelligence Inc. Desjardins Securities initiated the stock with “Buy” rating in Wednesday, August 31 report. Bank of America initiated Tahoe Resources Inc (NYSE:TAHO) on Friday, April 15 with “Buy” rating. IBC upgraded Tahoe Resources Inc (NYSE:TAHO) on Thursday, October 8 to “Sector Outperform” rating. The rating was initiated by JP Morgan with “Overweight” on Friday, December 11. As per Wednesday, April 20, the company rating was downgraded by Raymond James.
More news for Tahoe Resources Inc (NYSE:TAHO) were recently published by: Prnewswire.com, which released: “Tahoe Resources Reports Third Quarter Results” on November 03, 2016. Prnewswire.com‘s article titled: “Tahoe Resources Recommends Shareholders Reject TRC Capital’s “Mini-Tender” Offer” and published on October 10, 2016 is yet another important article.
TAHO Company Profile
Tahoe Resources Inc., incorporated on November 10, 2009, is a mine operating, mineral exploration and development company. The Company’s principal business activities are the operation of mineral properties for the mining of precious metals and the acquisition, exploration and development of mineral interests in the Americas. The Firm operates in two divisions: gold and silver. The Firm operates 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. The Company’s Escobal mine contains silver, gold, lead and zinc mineralization, and the La Arena mine and Shahuindo surface mines contains a gold oxide deposit, and the Bell Creek and Timmins West underground mines contain gold mineralization. The Bell Creek and Timmins West mines, gold mining activities are located in northeastern Ontario, Canada, as well as the development of the 144 Gap Deposit and the Whitney Project in northeastern Ontario, Canada.
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