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National Bank Financial downgraded Tahoe Resources Inc (NYSE:TAHO) to Sector Perform Market Weight in a report released today.

National Bank Financial has downgraded Tahoe Resources Inc (NYSE:TAHO) to Sector Perform Market Weight in a report released on 7/5/2017.

Yesterday Tahoe Resources Inc (NYSE:TAHO) traded 6.37% higher at $5.56. The company’s 50-day moving average is $6.12 and its 200-day moving average is $7.95. The last stock close price is down -30.72% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 3,284,456 shares of the stock were exchanged, down from an average trading volume of 3,426,070

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Tahoe Resources Inc (NYSE:TAHO)

Tahoe Resources Inc has a 52 week low of $4.93 and a 52 week high of $16.67 with a P/E ratio of 10.04 The company’s market cap is currently $0.

In addition to National Bank Financial reporting its target price, a total of 4 firms have issued a report on the stock. The consensus target price is $13.01 with 2 firms rating the stock a strong buy, 1 firm 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.

About Tahoe Resources Inc (NYSE:TAHO)

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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