A report released today by Raymond James about Tahoe Resources Inc (TSE:THO) ups the target price to $24.50
- Updated: September 23, 2016
Yesterday Tahoe Resources Inc (TSE:THO) traded -0.27% lower at $18.35. The company’s 50-day moving average is $18.87 and its 200-day moving average is $17.35. The last closing price is up 6.17% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,174,436 shares of the stock were exchanged, down from an average trading volume of 1,177,720
In a report announced on 09/23/2016 Raymond James upped the target price of Tahoe Resources Inc (TSE:THO) from $22.25 to $24.50 reporting a possible upside of 0.34%.
Previously on Wednesday July 13, 2016, National Bank Financial reported on Tahoe Resources Inc (TSE:THO) raised the target price from $21.15 to $24.50. At the time, this indicated a possible upside of 0.15%.
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Tahoe Resources Inc has a with a one year low of $9.45 and a one year high of $22.13 THO’s total market value is presently $0.
A total of 13 equity analysts have released a ratings update on THO. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $17.85.
Brief Synopsis About Tahoe Resources Inc (TSE:THO)
Tahoe Resources Inc. is a mine operating, mineral exploration and development company. 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 conducts its business in two segments based on the primary metal produced: gold and silver. The Escobal mine contains silver, gold, lead, and zinc mineralization, and the La Arena mine contains a gold oxide deposit. The Shahuindo gold project is an advanced-stage, oxide deposit. The Escobal mine produces metal concentrates containing approximately 20.4 million ounces of silver, 11,740 ounces of gold, 10,150 tons of lead and 14,810 tons of zinc. Its La Arena mine produces approximately 174,070 gold ounces. It also focuses on the acquisition, exploration and operation of mineral properties for the mining of precious metals in the Americas.
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