Wall Street analyst has provided a rating update for the Materials sector company yesterday, while remaining neutral on the stock. TD Securities’ analyst Daniel Earle reiterates their Hold rating on the shares of Tahoe Resources (TSX: THO), with a C$3.75 price target.
According to TipRanks.com, Earle is ranked #4717 out of 4872 analysts.
Currently, the analyst consensus on Tahoe Resources is a Moderate Buy with an average price target of C$7.15.
The company has a one-year high of C$8.50 and a one-year low of C$3.37. Currently, Tahoe Resources has an average volume of 682.8K.
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 Tuesday at C$3.61, close to its 52-week low of C$3.37.
