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TAHO

Tahoe Resources

$8.40

-0.01 (-0.12%)

06:04
06/19/17
06/19
06:04
06/19/17
06:04

Tahoe Resources provides Escobal update

Tahoe Resources reported that a group of protestors near the town of Casillas in Guatemala has been blocking the primary road that connects Guatemala City to the Escobal Mine near Minera San Rafael. Protests appear to relate to a variety of issues, including some unfounded claims that mining at Escobal is causing seismic activity more than 20 kilometers away in Casillas. The company is working with the government, community leaders and others to resolve the situation peacefully and expeditiously. We expect lawful and peaceful engagement in the coming week will result in the resolution of this conflict and open transportation routes. While the company's shipments and supplies have been delayed, the company does not expect any adjustments to its annual production or cost guidance as a result, and anticipates production and financial performance to be in line with mid-year expectations at the end of Q2.

TAHO Tahoe Resources
$8.40

-0.01 (-0.12%)

04/05/17
RAJA
04/05/17
UPGRADE
RAJA
Strong Buy
Tahoe Resources upgraded to Strong Buy from Outperform at Raymond James
03/10/17
ADAM
03/10/17
NO CHANGE
ADAM
Buy
Tahoe Resources weakness a buying opportunity, says Canaccord
Canaccord analyst Tony Lesiak noted Tahoe Resources reported less than expected Q4 earnings despite pre-releasing production. The analyst believes the issue leading to the variance is expected to reverse itself during the year. He noted the company provided three year guidance that was lower than expectations, but he sees upside in the company's reduction in sustaining capital post-2018. Lesiak feels the bar has now been reset and investors should buy the dip in the shares. Lesiak keeps a Buy rating on Tahoe and lowered his price target to C$15 from C$17.50.
01/19/17
CIBC
01/19/17
DOWNGRADE
CIBC
Neutral
Tahoe Resources downgraded to Neutral from Outperformer at CIBC
01/10/17
JPMS
01/10/17
DOWNGRADE
Target $11
JPMS
Neutral
Tahoe Resources downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Mandeep Singh Manihani downgraded Tahoe Resources to Neutral citing the higher than expected capex outlook and lack of exploration success at El Alizar. The analyst lowered his price target for the shares to $11 from $12.

TODAY'S FREE FLY STORIES

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SRCL

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VTR

Ventas

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-0.76 (-1.06%)

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SMTC

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IVZ

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DHXM

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PODD

Insulet

$49.00

-1.22 (-2.43%)

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NFG

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OXY

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NBIX

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LPI

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MPWR

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TRS

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ORCL

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UNFI

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