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Tahoe Resources Inc (NYSE:TAHO) has been downgraded to Neutral in a statement by Macquarie earlier today.

Having a price of $5.56, Tahoe Resources Inc (NYSE:TAHO) traded 6.37% higher on the day. With the last stock price down -30.72% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. TAHO has recorded a 50-day average of $6.12 and a two hundred day average of $7.95. Trade Volume was down over the average, with 3,284,456 shares of TAHO changing hands under the typical 3,426,070

Macquarie has downgraded Tahoe Resources Inc (NYSE:TAHO) to Neutral in a statement released on Friday July 07, 2017.

Recent Performance Chart

Tahoe Resources Inc (NYSE:TAHO)

Tahoe Resources Inc has PE ratio of 10.04 with a one year low of $4.93 and a 52 week high of $16.67 and has a market cap of $0.

In addition to Macquarie 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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