Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tahoe Resources (TAHO) Share Price
Media coverage about Tahoe Resources (NYSE:TAHO) (TSE:THO) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tahoe Resources earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 47.3277689410001 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s analysis:
- Manage Your Risk Before Making Any Investment Decision – Tahoe Resources Inc., (NYSE: TAHO) – Stock Watch (stocksnewstimes.com)
- Head-To-Head Analysis: AuRico Gold (AUQ) and Tahoe Resources (TAHO) (americanbankingnews.com)
- Review of Financial analysis: Foot Locker, Inc., (NYSE: FL), Tahoe Resources Inc., (NYSE: TAHO), Klondex Mines Ltd … – Stocks In The News (press release) (tradingnewsnow.com)
- Orefinders Announces a Transformational Acquisition and Consolidation of Shining Tree District (goldseiten.de)
TAHO has been the topic of several research reports. Credit Suisse Group raised Tahoe Resources from a “neutral” rating to an “outperform” rating in a research report on Monday, September 11th. BidaskClub lowered Tahoe Resources from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 18th. BMO Capital Markets raised Tahoe Resources from a “market perform” rating to an “outperform” rating in a research report on Monday, September 11th. Finally, ValuEngine lowered Tahoe Resources from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $15.00.
Tahoe Resources (NYSE:TAHO) (TSE:THO) last released its quarterly earnings data on Monday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Tahoe Resources had a net margin of 12.44% and a return on equity of 4.57%. The company had revenue of $155.20 million during the quarter, compared to analysts’ expectations of $127.12 million. During the same period last year, the business earned $0.21 earnings per share. The company’s revenue for the quarter was down 33.9% compared to the same quarter last year. analysts anticipate that Tahoe Resources will post 0.33 EPS for the current fiscal year.
About Tahoe Resources
Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.
Receive News & Stock Ratings for Tahoe Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tahoe Resources Inc and related stocks with our FREE daily email newsletter.