National Bank Financial reissued their sec perform spec market wgt rating on shares of Tahoe Resources Inc (TSE:THO) (NASDAQ:TAHO) in a research note released on Sunday, July 23rd. National Bank Financial also issued estimates for Tahoe Resources’ Q2 2017 earnings at $0.19 EPS, 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.
A number of other equities research analysts have also recently weighed in on THO. Raymond James Financial, Inc. cut their price target on Tahoe Resources from C$15.75 to C$10.75 and set a market perform rating on the stock in a report on Friday, July 7th. TD Securities cut their price target on Tahoe Resources from C$16.00 to C$10.50 and set a hold rating on the stock in a report on Thursday, July 6th. Royal Bank Of Canada reaffirmed an outperform rating on shares of Tahoe Resources in a report on Thursday, July 6th. Finally, CSFB assumed coverage on Tahoe Resources in a report on Thursday, April 13th. They set an outperform rating and a C$14.00 price target on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Tahoe Resources has an average rating of Hold and an average price target of C$12.31.
Shares of Tahoe Resources (TSE:THO) opened at 6.99 on Friday. The company’s 50 day moving average price is $7.87 and its 200-day moving average price is $10.57. The stock has a market capitalization of $2.19 billion and a PE ratio of 12.73. Tahoe Resources has a 52 week low of $6.32 and a 52 week high of $21.51.
The firm also recently declared a monthly dividend, which was paid on Thursday, July 27th. Shareholders of record on Thursday, July 20th were given a $0.02 dividend. The ex-dividend date was Tuesday, July 18th. This represents a $0.24 annualized dividend and a yield of 3.43%.
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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