| Tahoe Resources (TAHO) Falls: Stock Goes Down 5.4% - Tale of the Tape | |
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Tahoe Resources Inc. (TAHO) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $10.85–$13.59 in the past one-month time frame, showed a sharp decline yesterday at $10.96.
Although this slump was obviously disappointing, Tahoe Resources has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for TAHO. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
TAHO currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the silver mining industry may consider better-ranked stock like First Majestic Silver Corp. (AG), which carries a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TAHOE RESOURCES (TAHO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Tahoe Resources Inc.
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EXPLORATION STAGE |
CODE : THO.TO |
ISIN : CA8738681037 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Tahoe Resources is a silver producing company based in Canada. Its main exploration property is ESCOBAL in Guatemala. Tahoe Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 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. |