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Tahoe Resources Inc (TSE:THO) target price bumped down to $10.00, released a research note earlier today by RBC Capital Markets

In a statement issued on Friday July 07, 2017 RBC Capital Markets dropped the price target of Tahoe Resources Inc (TSE:THO) from $15.00 to $10.00 indicating a possible upside of 0.50%.

Showing a price of $6.67, Tahoe Resources Inc (TSE:THO) traded 5.91% higher on the day. With the last close down -33.87% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. THO has recorded a 50-day moving average of $7.87 and a 200-day moving average of $10.57. 1,272,523 shares of the stock were exchanged, down from an average trading volume of 1,354,300

Performance Chart

Tahoe Resources Inc (TSE:THO)

Tahoe Resources Inc has price-earnings ratio of 12.73 with a one year low of $6.32 and a 52 week high of $21.51 and has a market capitalization of $0.

In addition to RBC Capital Markets reporting its target price, a total of 15 firms have issued a report on THO. The one year target is $16.24 with two equity analysts rating the company a strong buy, thirteen equity analysts rating the company a buy, zero analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On 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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