Tahoe Resources (TAHO) Shares are Down -8.36%

Tahoe Resources (TAHO) : During the past 4 weeks, traders have been relatively bearish on Tahoe Resources (TAHO), hence the stock is down -7.86% 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 -8.51% relative to the S&P 500. The 4-week change in the price of the stock is -8.36% and the stock has fallen -8.36% in the past 1 week.

The stock has recorded a 20-day Moving Average of 7.02% and the 50-Day Moving Average is 11.91%.The 200 Day SMA reached 6.99%


Tahoe Resources (NYSE:TAHO): The stock opened in the green at $13.53 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $13.55 and a low of $12.73 for the day. The stock did not find buyers even at the lows and closed at $12.83 recording a loss of -2.73%. 2,223,095 shares exchanged hands during the trading day. The stock had closed at $12.83 in the previous days trading.

Tahoe Resources (TAHO) : Currently there are 8 street experts covering Tahoe Resources (TAHO) stock. The most bullish and bearish price target for the stock is $23 and $15 respectively for the short term. The average price target of all the analysts comes to $19.53. The estimated standard deviation from the target is $2.44.

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.

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