Analysts Issue Forecasts for Tahoe Resources Inc’s Q2 2017 Earnings (THO)
Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) – Research analysts at National Bank Financial issued their Q2 2017 earnings estimates for shares of Tahoe Resources in a research note issued to investors on Sunday. National Bank Financial analyst M. Parkin expects that the company will post earnings per share of $0.19 for the quarter. National Bank Financial has a “Sec Perform Spec Market Wgt” rating on the stock. National Bank Financial also issued estimates for Tahoe Resources’ FY2017 earnings at $0.74 EPS, FY2018 earnings at $0.43 EPS, FY2019 earnings at $0.50 EPS and FY2020 earnings at $0.83 EPS.
Other equities research analysts have also issued research reports about the stock. TD Securities reissued a “buy” rating and issued a C$16.00 price target on shares of Tahoe Resources in a report on Wednesday, May 3rd. Raymond James Financial, Inc. dropped their target price on shares of Tahoe Resources from C$15.75 to C$10.75 and set a “market perform” rating for the company in a report on Friday, July 7th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Tahoe Resources in a report on Thursday, July 6th. Finally, CSFB began coverage on shares of Tahoe Resources in a report on Thursday, April 13th. They set an “outperform” rating and a C$14.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Tahoe Resources has a consensus rating of “Hold” and a consensus target price of C$13.64.
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Tahoe Resources (TSE THO) opened at 6.82 on Wednesday. The company’s 50-day moving average is $10.04 and its 200 day moving average is $11.18. The stock has a market capitalization of $2.13 billion and a PE ratio of 13.69. Tahoe Resources has a 1-year low of $6.36 and a 1-year high of $22.13.
The firm also recently announced a monthly dividend, which will be paid on Thursday, July 27th. Stockholders of record on Thursday, July 20th will be issued a dividend of $0.02 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Tuesday, July 18th.
Tahoe Resources Company Profile
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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