Tahoe Resources (TAHO) Shares are Down -3.19%

Tahoe Resources (TAHO) : During the past 4 weeks, traders have been relatively bearish on Tahoe Resources (TAHO), hence the stock is down -8.97% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.7% relative to the S&P 500. The 4-week change in the price of the stock is -10.81% and the stock has fallen -3.19% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.69% and the 50-Day Moving Average is 11.15%.The 200 Day SMA reached 13.59% Tahoe Resources Inc. is up 0.23% in the last 3-month period. Year-to-Date the stock performance stands at 54.09%.


Tahoe Resources (TAHO) : The highest level Tahoe Resources (TAHO) is projected to reach is $23 for the short term and the lowest estimate is at $15. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $19.34 and the possibility the share price can swing is $2.57.

For the current week, the company shares have a recommendation consensus of Buy. Tahoe Resources (NYSE:TAHO): stock was range-bound between the intraday low of $12.98 and the intraday high of $13.435 after having opened at $13.25 on Fridays session. The stock finally closed in the red at $13.25, a loss of -0.37%. The stock remained in the red for the whole trading day. The total traded volume was 4,066,834 shares. The stock failed to cross $13.435 in Fridays trading. The stocks closing price on Thursday was $13.36.

Tahoe Resources Inc. is a mineral exploration, development and mine operating company. The Companys principal business activity is to operate the Escobal mine, a mining operation in southeastern Guatemala. The Escobal deposit is an intermediate-sulfidation fault-related vein formed within Tertiary sedimentary and volcanic rocks within the Caribbean plate. The Escobal vein system hosts silver, gold, lead and zinc, with an associated epithermal suite of elements, within quartz and quartz-carbonate veins. It is also engaged in the acquisition, exploration, development and operation of mineral properties in the Americas for the mining of precious metals. The Company produces metal-bearing concentrates. Silver, gold, lead and zinc are recovered by differential flotation, producing silver-rich lead concentrates and zinc concentrates, which are sold to third-party smelters under concentrate sales arrangements.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.