Tahoe Resources Inc. (TSE:THO) (NASDAQ:TAHO) – Stock analysts at Haywood Securities upped their FY2017 earnings per share estimates for shares of Tahoe Resources in a research report issued to clients and investors on Wednesday, Zacks Investment Research reports. Haywood Securities analyst G. Mark now anticipates that the company will earn $0.36 per share for the year, up from their prior estimate of $0.34.
Other analysts have also issued research reports about the stock. BMO Capital Markets dropped their price objective on shares of Tahoe Resources from C$10.00 to C$7.00 and set an “outperform” rating for the company in a report on Tuesday, September 12th. CIBC raised their price objective on shares of Tahoe Resources from C$7.00 to C$8.00 in a report on Tuesday, September 12th. Eight Capital reaffirmed a “neutral” rating on shares of Tahoe Resources in a report on Thursday, August 17th. Canaccord Genuity raised their price objective on shares of Tahoe Resources from C$10.75 to C$11.00 in a report on Saturday, September 23rd. Finally, National Bank Financial dropped their price objective on shares of Tahoe Resources from C$8.50 to C$7.50 and set a “sector perform” rating for the company in a report on Friday, August 25th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of C$10.35.
Shares of Tahoe Resources (TSE THO) traded down C$0.09 on Friday, reaching C$5.60. 361,070 shares of the company’s stock were exchanged, compared to its average volume of 1,330,721. Tahoe Resources has a 1 year low of C$5.31 and a 1 year high of C$15.11.
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About Tahoe Resources
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.
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