Tahoe Resources (TAHO) Given Media Sentiment Score of 0.10

Media headlines about Tahoe Resources (NYSE:TAHO) (TSE:THO) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tahoe Resources earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.5394950251654 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Get Tahoe Resources alerts: Non-native satin moths impacting aspen foliage in Lake Tahoe (yubanet.com) Tahoe Resources (TAHO) vs. Corvus Gold (CORVF) Financial Survey (americanbankingnews.com) Critical Contrast: Seabridge Gold (SA) and Tahoe Resources (TAHO) (americanbankingnews.com) Analyzing Tahoe Resources (TAHO) and Endeavour Silver (EXK) (americanbankingnews.com) Fourth of July boat inspections at Lake Tahoe (carsonnow.org)

A number of research firms recently weighed in on TAHO. ValuEngine upgraded Tahoe Resources from a “strong sell” rating to a “sell” rating in a report on Saturday, June 16th. TheStreet downgraded Tahoe Resources from a “c” rating to a “d+” rating in a report on Tuesday, May 22nd. Zacks Investment Research downgraded Tahoe Resources from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 13th. Finally, Cantor Fitzgerald began coverage on Tahoe Resources in a report on Wednesday, March 28th. They issued a “buy” rating for the company. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold”.

Tahoe Resources traded up $0.11, reaching $5.13, on Tuesday, according to MarketBeat. The company had a trading volume of 217,583 shares, compared to its average volume of 3,710,953. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 19.00, a PEG ratio of 4.16 and a beta of 0.22. Tahoe Resources has a fifty-two week low of $3.76 and a fifty-two week high of $8.51.

Tahoe Resources (NYSE:TAHO) (TSE:THO) last posted its quarterly earnings data on Wednesday, May 2nd. The basic materials company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The company had revenue of $139.90 million during the quarter, compared to analyst estimates of $137.42 million. Tahoe Resources had a net margin of 0.04% and a return on equity of 0.07%. The business’s revenue for the quarter was down 44.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.24 earnings per share. sell-side analysts anticipate that Tahoe Resources will post 0.24 earnings per share for the current year.

Tahoe Resources Company Profile

Tahoe Resources Inc, together with its subsidiaries, acquires, explores for, develops, and operates mineral properties in the Americas. It explores for silver, gold, lead, zinc, and copper deposits, as well as precious metals assets. The company holds interest in the La Arena gold mine located in the Huamachuco district of northern Peru; Shahuindo mine located in the province of Cajabamba in northern Peru; and La Arena II, a copper-gold porphyry deposit located in Peru.