Can Tahoe Resources Inc’s Tomorrow be Different? The Stock Declines Again

 Can Tahoe Resources Inc's Tomorrow be Different? The Stock Declines Again

The stock of Tahoe Resources Inc (TSE:THO) is a huge mover today! About 41,128 shares traded hands. Tahoe Resources Inc (TSE:THO) has declined 24.73% since April 20, 2016 and is downtrending. It has underperformed by 30.14% the S&P500.
The move comes after 5 months negative chart setup for the $3.72B company. It was reported on Nov, 24 by Barchart.com. We have $11.58 PT which if reached, will make TSE:THO worth $260.40M less.

Tahoe Resources Inc (TSE:THO) Ratings Coverage

Out of 5 analysts covering Tahoe Resources Inc (TSE:THO), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. $26 is the highest target while $13 is the lowest. The $22 average target is 76.71% above today’s ($12.45) stock price. Tahoe Resources Inc has been the topic of 16 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Wednesday, January 27 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, August 24. As per Friday, December 11, the company rating was initiated by JP Morgan. The firm has “Outperform” rating given on Thursday, November 26 by RBC Capital Markets. As per Friday, January 15, the company rating was maintained by RBC Capital Markets. As per Tuesday, February 9, the company rating was upgraded by Raymond James. As per Thursday, October 8, the company rating was upgraded by IBC. The firm has “Sector Perform” rating given on Thursday, February 18 by RBC Capital Markets.

More important recent Tahoe Resources Inc (TSE:THO) news were published by: Prnewswire.com which released: “Tahoe Resources Reports Normal Production Levels At Escobal During La Cuchilla …” on November 14, 2016, also Streetinsider.com published article titled: “Form 6-K TAHOE RESOURCES INC. For: Nov 23”, Prnewswire.com published: “Tahoe Resources Reports Third Quarter Results” on November 03, 2016. More interesting news about Tahoe Resources Inc (TSE:THO) was released by: Nasdaq.com and their article: “Tahoe Resources, Inc. (TAHO) Ex-Dividend Date Scheduled for November 14, 2016” with publication date: November 11, 2016.

Tahoe Resources Inc. is a mine operating, mineral exploration and development company. The company has a market cap of $3.72 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.

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