Analyst Activity – Canaccord Genuity Lowers Its Price Target On Tahoe Resources (TSE:THO) to C$15.00

Analyst Ratings For Tahoe Resources (TSE:THO)

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Today, Canaccord Genuity lowered its price target on Tahoe Resources (TSE:THO) to C$15.00 per share.

There are 1 hold rating, 6 buy ratings on the stock.

The current consensus rating on Tahoe Resources (TSE:THO) is Buy (Score: 2.86) with a consensus target price of C$17.73 per share, a potential .

Some recent analyst ratings include

  • 3/8/2017-Royal Bank of Canada Reiterated Rating of Outperform.
  • 1/19/2017-CIBC was Downgraded by analysts at CIBC from a “Outperform ” rating to a ” Neutral” rating. They now have a C$15.00 price target on the stock, up previously from C$18.00 .

    About Tahoe Resources (TSE:THO)
    Tahoe Resources Inc. is a mine operating, mineral exploration and development company. The Company’s principal business activities are to operate the Escobal mine, a silver mining operation in southeastern Guatemala; the La Arena mine, a gold mining operation located in northwestern Peru, and the Shahuindo gold mine, located in northwestern Peru. It conducts its business in two segments based on the primary metal produced: gold and silver. The Escobal mine contains silver, gold, lead, and zinc mineralization, and the La Arena mine contains a gold oxide deposit. The Shahuindo gold project is an advanced-stage, oxide deposit. The Escobal mine produces metal concentrates containing approximately 20.4 million ounces of silver, 11,740 ounces of gold, 10,150 tons of lead and 14,810 tons of zinc. Its La Arena mine produces approximately 174,070 gold ounces. It also focuses on the acquisition, exploration and operation of mineral properties for the mining of precious metals in the Americas.

    Recent Trading Activity for Tahoe Resources (TSE:THO)
    Shares of Tahoe Resources closed the previous trading session at 9.95 down -0.80 -7.44% with 3,996,374 shares trading hands.

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