| Tahoe Resources posts 4Q profit | |
| | |
|
RENO, Nev. (AP) _ Tahoe Resources Inc. (TAHO) on Wednesday reported fourth-quarter net income of $9.8 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Reno, Nevada-based company said it had net income of 7 cents.
The mining company posted revenue of $65.4 million in the period.
For the year, the company reported net income of $90.8 million, or 61 cents per share, swinging to a profit in the period. Revenue was reported as $350.3 million.
Tahoe Resources shares have decreased 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.79, a decline of 48 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAHO at http://www.zacks.com/ap/TAHO
_____
Keywords: Tahoe Resources, Earnings Report
|
|
|
Tahoe Resources Inc.
|
|
EXPLORATION STAGE |
CODE : THO.TO |
ISIN : CA8738681037 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Tahoe Resources is a silver producing company based in Canada. Its main exploration property is ESCOBAL in Guatemala. Tahoe Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 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. |