In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Tahoe Resources (THO). Analyst Cosmos Chiu from CIBC remains neutral on the stock and has a C$6.50 price target.
According to TipRanks.com, Chiu is a 4-star analyst with an average return of 8.6% and a 52.1% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and OceanaGold Corporation.
Tahoe Resources has an analyst consensus of Hold, with a price target consensus of C$5.40.
The company has a one-year high of C$7.27 and a one-year low of C$2.88. Currently, Tahoe Resources has an average volume of 1.06M.
Tahoe Resources, Inc. engages in the exploration, development, operation, and acquisition of mineral properties for the mining of precious metals in the Americas. It operates through the following segments: Escobal, La Arena, Shahuindo, and Timmins Mines. The Escobal segment focuses on silver mining operation located in southeastern Guatemala.
The company’s shares closed on Friday at C$4.89.
