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RENO, Nev. (AP) _ Tahoe Resources Inc. (TAHO) on Thursday reported fourth-quarter net income of $315,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Reno, Nevada-based company said it had profit of less than 1 cent. Earnings, adjusted for non-recurring costs, were 6 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The mining company posted revenue of $189.4 million in the period.
For the year, the company reported net income of $117.9 million, or 41 cents per share, swinging to a profit in the period. Revenue was reported as $784.5 million.
Tahoe Resources shares have fallen 16 percent since the beginning of the year. The stock has declined 17 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAHO at https://www.zacks.com/ap/TAHO
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Keywords: Tahoe Resources, Earnings Report
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Tahoe Resources Inc.
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EXPLORATION STAGE |
CODE : THO.TO |
ISIN : CA8738681037 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Tahoe Resources is a silver producing company based in Canada. Its main exploration property is ESCOBAL in Guatemala. Tahoe Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.5 billions as of today (US$ 1.1 billions, € 1.0 billions). Its stock quote reached its highest recent level on September 24, 2010 at CA$ 9.96, and its lowest recent point on June 28, 2019 at CA$ 4.95. Tahoe Resources has 312 300 000 shares outstanding. |