Tahoe Resources Inc (NASDAQ:TAHO) announced a monthly dividend on Thursday, October 6th. Investors of record on Thursday, October 20th will be paid a dividend of 0.02 per share on Thursday, October 27th. This represents a $0.24 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Tuesday, October 18th.
Shares of Tahoe Resources (NASDAQ:TAHO) traded down 2.11% during midday trading on Thursday, reaching $11.14. 3,609,946 shares of the company were exchanged. Tahoe Resources has a 52 week low of $6.48 and a 52 week high of $17.01. The firm has a 50-day moving average of $13.71 and a 200 day moving average of $13.56. The firm’s market capitalization is $3.46 billion.
A number of equities research analysts recently issued reports on TAHO shares. Desjardins reissued a “buy” rating on shares of Tahoe Resources in a report on Wednesday, August 31st. Zacks Investment Research raised shares of Tahoe Resources from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Thursday, June 30th. TD Securities reissued a “buy” rating and issued a $26.00 price objective (up previously from $24.00) on shares of Tahoe Resources in a report on Saturday, August 13th. Finally, HSBC reissued a “buy” rating on shares of Tahoe Resources in a report on Thursday, July 7th.
About Tahoe Resources
Tahoe Resources Inc is a mine operating, mineral exploration and development company. The Company’s principal business activities are to operate the Escobal mine, a silver mining operation in southeastern Guatemala; the La Arena mine, a gold mining operation located in northwestern Peru, and the Shahuindo gold mine, located in northwestern Peru.
Receive News & Ratings for Tahoe Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tahoe Resources Inc and related companies with MarketBeat.com's FREE daily email newsletter.