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Canaccord Genuity disclosed Tahoe Resources Inc (TSE:THO), cutting its price target to $10.50 earlier today

Stating a potential upside of 0.66%, Canaccord Genuity dropped the price target of Tahoe Resources Inc (TSE:THO) to $10.50

Previously on 10/11/2017, TD Securities reported on Tahoe Resources Inc (TSE:THO) reduced the target price from $8.50 to $8.00. At the time, this indicated a possible upside of 0.21%.

Just yesterday Tahoe Resources Inc (TSE:THO) traded -1.25% lower at $6.33. Tahoe Resources Inc’s 50-day moving average is $6.61 and its 200-day moving average is $9.00. The last closing price is down -29.98% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Volume of trade was down over the average, with 699,639 shares of THO changing hands under the typical 1,283,360

Performance Chart

Tahoe Resources Inc (TSE:THO)

With a total market value of $0, Tahoe Resources Inc has price-earnings ratio of 11.48 with a one year low of $5.31 and a one year high of $16.91 .

A total of 15 equity analysts have released a ratings update on THO. Two equity analysts rating the company a strong buy, 13 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $16.24.

About Tahoe Resources Inc (TSE:THO)

Tahoe Resources Inc. is a mine operations, and mineral exploration and development company. The Company's principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada. Its additional business objectives include the expansion of gold production at the Shahuindo and Bell Creek mines, the development of the Whitney Project and the ongoing exploration programs in Peru and Canada. It focuses on the initial evaluation of exploration/development projects with the main projects being the La Arena copper-gold sulfide project in Peru and the Fenn-Gib gold project in Canada.

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