Tahoe Resources (THO) Posts Quarterly Results
Tahoe Resources (TSE:THO) released its earnings data on Friday. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.06, AnalystRatings.NET reports.
A number of analysts have recently weighed in on THO shares. Analysts at Canaccord Genuity raised their price target on shares of Tahoe Resources from C$29.50 to C$30.50 in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Raymond James upgraded shares of Tahoe Resources from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$24.25.
Shares of Tahoe Resources (TSE:THO) traded up 1.39% during mid-day trading on Friday, hitting $24.07. The stock had a trading volume of 14,192 shares. Tahoe Resources has a 52 week low of $12.44 and a 52 week high of $27.16. The stock’s 50-day moving average is $23.89 and its 200-day moving average is $21.23. The company’s market cap is $3.516 billion.
Tahoe Resources Inc (TSE:THO) is engaged in the exploration and development of mineral properties in the United States for the mining of precious metals.
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