Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tahoe Resources (TAHO) Stock Price

News articles about Tahoe Resources (NYSE:TAHO) (TSE:THO) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tahoe Resources earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 47.6833571250981 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Shares of NYSE:TAHO opened at $4.82 on Friday. The company has a market capitalization of $1.51 billion, a P/E ratio of 17.85, a PEG ratio of 4.07 and a beta of 0.16. Tahoe Resources has a fifty-two week low of $3.76 and a fifty-two week high of $9.68.

Tahoe Resources (NYSE:TAHO) (TSE:THO) last issued its earnings results on Wednesday, May 2nd. The basic materials company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.01). The firm had revenue of $139.90 million during the quarter, compared to analyst estimates of $137.42 million. Tahoe Resources had a net margin of 0.04% and a return on equity of 0.07%. The firm’s revenue was down 44.3% compared to the same quarter last year. During the same period last year, the business earned $0.24 EPS. equities analysts forecast that Tahoe Resources will post 0.24 EPS for the current year.

TAHO has been the topic of several research reports. Zacks Investment Research cut shares of Tahoe Resources from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Credit Suisse Group cut shares of Tahoe Resources from an “outperform” rating to a “neutral” rating in a research report on Friday, January 26th. ValuEngine cut shares of Tahoe Resources from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Finally, Cantor Fitzgerald began coverage on shares of Tahoe Resources in a research report on Wednesday, March 28th. They set a “buy” rating on the stock. Three analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold”.

Tahoe Resources Company Profile

Tahoe Resources Inc, together with its subsidiaries, acquires, explores for, develops, and operates mineral properties in the Americas. It explores for silver, gold, lead, zinc, and copper deposits, as well as precious metals assets. The company holds interest in the La Arena gold mine located in the Huamachuco district of northern Peru; Shahuindo mine located in the province of Cajabamba in northern Peru; and La Arena II, a copper-gold porphyry deposit located in Peru.

Insider Buying and Selling by Quarter for Tahoe Resources (NYSE:TAHO)

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