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BMO Capital Thinks Tahoe Resources’ Stock is Going to Recover


Tahoe Resources (TSX: THO), the Materials sector company, was revisited by a Wall Street analyst on September 10. The company received a Buy on September 10 from BMO Capital’s analyst Andrew Kaip, with a C$7.50 price target.

According to TipRanks.com, Kaip is ranked #4751 out of 4872 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tahoe Resources with a C$7.24 average price target.

Tahoe Resources’ market cap is currently C$1.15B and has a P/E ratio of 0. The company has a Price to Book ratio of 0.33.

Tahoe Resources, Inc. engages in the exploration, development, operation, and acquisition of mineral properties for the mining of precious metals in the Americas. It also produces silver, gold, lead, and zinc from mines locates in Guatemala, Peru, and Canada.

The company’s shares closed on Thursday at C$3.58, close to its 52-week low of C$3.36.