Tahoe Resources (TAHO) Receives a Buy from Canaccord Genuity


According to The Fly, canaccord Genuity analyst Carey MacRury reiterated a Buy rating on Tahoe Resources (NYSE: TAHO) on October 18. The company’s shares closed on Friday at $2.75, close to its 52-week low of $2.55.

According to TipRanks.com, MacRury is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -12.6% and a 17.8% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Torex Gold Resources Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tahoe Resources.

See today’s analyst top recommended stocks >>

The company has a one-year high of $5.63 and a one-year low of $2.55. Currently, Tahoe Resources has an average volume of 3.74M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts