The stock of Tahoe Resources Inc (NYSE:TAHO) is a huge mover today! The stock is down 0.33% or $0.03 after the news, hitting $9 per share. About 387,366 shares traded hands. Tahoe Resources Inc (NYSE:TAHO) has declined 15.51% since July 16, 2015 and is downtrending. It has underperformed by 5.79% the S&P500. The move comes after 6 months negative chart setup for the $2.05 billion company. It was reported on Feb, 22 by Barchart.com. We have $8.19 PT which if reached, will make NYSE:TAHO worth $184.50 million less.
Analysts await Tahoe Resources Inc (NYSE:TAHO) to reports earnings on March, 9 after the close. They expect $0.11 EPS, up 57.14% or $0.04 from last year’s $0.07 per share. TAHO’s profit will be $25.06 million for 20.45 P/E if the $0.11 EPS becomes reality. After $0.11 actual EPS reported by Tahoe Resources Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
According to Zacks Investment Research, “Tahoe Resources Inc. is engaged in the exploration and development of mineral properties in the United States for the mining of precious metals. It principally holds interests in the Escobal project located in southeastern Guatemala. Tahoe Resources Inc. is headquartered in Reno, Nevada.”
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