Tahoe Resources

THO-T

TSE:THO

4.95
0.05 (1.02%)
Tahoe Resources Inc. is a mining company and intermediate precious metals producer with silver and gold mines in Canada, Guatemala and Peru. It was founded in Vancouver, BC by Kevin McArthur, former CEO of Glamis Gold and Goldcorp.
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Analysis and Opinions about THO-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 9, 2019
They have had everything go wrong that could. Losing the social license in Guatemala for their silver mine and other issues. Pan American has come in being very opportunistic to give a relatively low-ball bid. There may be some value opportunities going forward, but he would prefer to not have to wait to see that develop. He sees better opportunities.
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Tahoe Resources (THO-T)
January 9, 2019
They have had everything go wrong that could. Losing the social license in Guatemala for their silver mine and other issues. Pan American has come in being very opportunistic to give a relatively low-ball bid. There may be some value opportunities going forward, but he would prefer to not have to wait to see that develop. He sees better opportunities.
DON'T BUY
DON'T BUY
October 29, 2018

Sold it 7 years ago. He's not a silver/gold fan, so he won't rebuy it. It could recover partially from its decline. But he's not up on Guatemala now where Tahoe has a flagship silver mine that's currently shut down. There is lots of value here, if they can get it going. This is probably dead money.

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Tahoe Resources (THO-T)
October 29, 2018

Sold it 7 years ago. He's not a silver/gold fan, so he won't rebuy it. It could recover partially from its decline. But he's not up on Guatemala now where Tahoe has a flagship silver mine that's currently shut down. There is lots of value here, if they can get it going. This is probably dead money.

DON'T BUY
DON'T BUY
September 28, 2018

This is a name he has avoided due to the uncertainty of their Guatemala silver mine investment. Social license is a big issue for some of these countries. Half of their net asset value is in this country. He worries about the potential for public company conflict with the various levels of government there.

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Tahoe Resources (THO-T)
September 28, 2018

This is a name he has avoided due to the uncertainty of their Guatemala silver mine investment. Social license is a big issue for some of these countries. Half of their net asset value is in this country. He worries about the potential for public company conflict with the various levels of government there.

DON'T BUY
DON'T BUY
March 8, 2018

Half of this company is a Guatemalan mine that went through social unrest and a shutdown. People want to see how this starts again. He used to own it but got out when it got a little pricier. It took a 50% correction. You will see a slow revaluation.

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Half of this company is a Guatemalan mine that went through social unrest and a shutdown. People want to see how this starts again. He used to own it but got out when it got a little pricier. It took a 50% correction. You will see a slow revaluation.

DON'T BUY
DON'T BUY
January 18, 2018

He won’t trade it. When rates are rising, gold will be under pressure. It is cheap on a book value basis but you have a very volatile stock with poor price momentum. He would want to see a bottom.

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Tahoe Resources (THO-T)
January 18, 2018

He won’t trade it. When rates are rising, gold will be under pressure. It is cheap on a book value basis but you have a very volatile stock with poor price momentum. He would want to see a bottom.

BUY
BUY
October 17, 2017

This is the Guatemalan end of the business of precious metals. They’ve got activists all around creating the usual problems. He believes the courts have permitted them to go forward. Expects it will get sorted out. Hold on or buy.

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Tahoe Resources (THO-T)
October 17, 2017

This is the Guatemalan end of the business of precious metals. They’ve got activists all around creating the usual problems. He believes the courts have permitted them to go forward. Expects it will get sorted out. Hold on or buy.

COMMENT
COMMENT
October 2, 2017

Had owned this because the Escobal project was one of the best silver deposit out there. The problem has always been Guatemala, which is why he sold his holdings. In July they had a court decision that suspended the mine. They have to deal with the suspension as well as a legal blockade, and in the interim, they have had to readjust their guidance, amend their credit facility, as well as suspend all dividend payments. As a single asset company, they get very highly discounted. There is still a lot of risk embedded in the stock.

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Tahoe Resources (THO-T)
October 2, 2017

Had owned this because the Escobal project was one of the best silver deposit out there. The problem has always been Guatemala, which is why he sold his holdings. In July they had a court decision that suspended the mine. They have to deal with the suspension as well as a legal blockade, and in the interim, they have had to readjust their guidance, amend their credit facility, as well as suspend all dividend payments. As a single asset company, they get very highly discounted. There is still a lot of risk embedded in the stock.

PAST TOP PICK
PAST TOP PICK
September 28, 2017

(Top Pick Dec 20/16, Down 44%) He thought he was picking it up near the bottom. It is geopolitical issues. It is a difficult environment there now and he exited but may take another look at it.

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Tahoe Resources (THO-T)
September 28, 2017

(Top Pick Dec 20/16, Down 44%) He thought he was picking it up near the bottom. It is geopolitical issues. It is a difficult environment there now and he exited but may take another look at it.

COMMENT
COMMENT
September 15, 2017

Had a court injunction to shut down their big silver mine in Guatemala, which is about half their NAV, but recently won a decision to bring it back on. They are fighting locals who now have road blocks up, so timing is hard to tell how aggressive they want to get to move the protesters. He got out because he saw better value in other places. He would revisit this once there is more clarity.

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Tahoe Resources (THO-T)
September 15, 2017

Had a court injunction to shut down their big silver mine in Guatemala, which is about half their NAV, but recently won a decision to bring it back on. They are fighting locals who now have road blocks up, so timing is hard to tell how aggressive they want to get to move the protesters. He got out because he saw better value in other places. He would revisit this once there is more clarity.

WAIT
WAIT
July 31, 2017

It has been hampered by political issues. Most speculators would be well advised to wait to see more political certainty. Speculators could buy it in anticipation of resolution.

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It has been hampered by political issues. Most speculators would be well advised to wait to see more political certainty. Speculators could buy it in anticipation of resolution.

BUY
BUY
July 24, 2017

The return on capital has held in there at 10%. They put a lot of capital to work. The valuation looks good. He would be very interested in looking into this more.

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The return on capital has held in there at 10%. They put a lot of capital to work. The valuation looks good. He would be very interested in looking into this more.

COMMENT
COMMENT
July 4, 2017

This is silver. Higher rates, in the US in particular, are probably a negative for silver and gold. Had owned this in the past but sold it near $20. Doesn’t like the group.

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This is silver. Higher rates, in the US in particular, are probably a negative for silver and gold. Had owned this in the past but sold it near $20. Doesn’t like the group.

WAIT
WAIT
June 2, 2017

Technicals are not looking good. There are some encouraging signs in that it has recently formed a trading range, and very briefly broke above it. Gold/Silver stocks do very well from the middle of July through to October. Wait for this to get down to the bottom of its trading range, and look for technical signs that it is starting to outperform.

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Technicals are not looking good. There are some encouraging signs in that it has recently formed a trading range, and very briefly broke above it. Gold/Silver stocks do very well from the middle of July through to October. Wait for this to get down to the bottom of its trading range, and look for technical signs that it is starting to outperform.

PAST TOP PICK
PAST TOP PICK
April 5, 2017

(A Top Pick May 31/16. Down 31%.) Feels management missed on some targets and expectations. It’s a top tier management team and board that is well regarded.

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(A Top Pick May 31/16. Down 31%.) Feels management missed on some targets and expectations. It’s a top tier management team and board that is well regarded.

COMMENT
COMMENT
March 15, 2017

This has been interesting and a bit disappointing. Historically this has done well from January to approximately the middle of May of each year, but this year not so much. Seasonality works most of the time, but not all the time. What you need to do with a seasonal trade is to wait until technicals show that the stocks have shown signs of bottoming and are starting to show signs of outperformance relative to the market.

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Tahoe Resources (THO-T)
March 15, 2017

This has been interesting and a bit disappointing. Historically this has done well from January to approximately the middle of May of each year, but this year not so much. Seasonality works most of the time, but not all the time. What you need to do with a seasonal trade is to wait until technicals show that the stocks have shown signs of bottoming and are starting to show signs of outperformance relative to the market.

SELL
SELL
March 13, 2017

Thinks it is time to exit this. Results just have not been coming in. He can live with soft results, especially in a cyclical name, but this has been worse than most. Investors have pretty much exited the position, and rightly so.

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Tahoe Resources (THO-T)
March 13, 2017

Thinks it is time to exit this. Results just have not been coming in. He can live with soft results, especially in a cyclical name, but this has been worse than most. Investors have pretty much exited the position, and rightly so.

COMMENT
COMMENT
March 8, 2017

The chart shows the stock is going lower. He is not impressed.

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The chart shows the stock is going lower. He is not impressed.

PAST TOP PICK
PAST TOP PICK
February 27, 2017

(Top Pick Dec 9/16, Down 8.8%) He bought more today. He bought them to benefit from the increase in commodity prices. He still likes it. It still pays a dividend. They are still reducing costs. 2.8% dividend.

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Tahoe Resources (THO-T)
February 27, 2017

(Top Pick Dec 9/16, Down 8.8%) He bought more today. He bought them to benefit from the increase in commodity prices. He still likes it. It still pays a dividend. They are still reducing costs. 2.8% dividend.

WATCH
WATCH
January 23, 2017

One of the places he absolutely wants to be positioned in right now is gold. Under Trump you could get 2% inflation and 3% growth or 3% inflation and 2% growth and we don’t know which it will be yet. So he would still like to have 5-7% in gold. He still likes royalty companies. He is watching this company very closely. It is a bit expensive, but they are working their way to being a TSX mid-cap company that will be on everyone’s comp sheets.

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Tahoe Resources (THO-T)
January 23, 2017

One of the places he absolutely wants to be positioned in right now is gold. Under Trump you could get 2% inflation and 3% growth or 3% inflation and 2% growth and we don’t know which it will be yet. So he would still like to have 5-7% in gold. He still likes royalty companies. He is watching this company very closely. It is a bit expensive, but they are working their way to being a TSX mid-cap company that will be on everyone’s comp sheets.

COMMENT
COMMENT
January 6, 2017

Fundamentally this is pretty good. ROC for 3 years is 13%, then 11%, and in the trailing 3 quarters was 9%, which is pretty good for a materials company. They’ve put a lot of capital to work. This looks undervalued. Looking at Q3 numbers, he would say this is worth about $18.

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Tahoe Resources (THO-T)
January 6, 2017

Fundamentally this is pretty good. ROC for 3 years is 13%, then 11%, and in the trailing 3 quarters was 9%, which is pretty good for a materials company. They’ve put a lot of capital to work. This looks undervalued. Looking at Q3 numbers, he would say this is worth about $18.

TOP PICK
TOP PICK
December 20, 2016

This is *almost* like catching a falling knife. Their silver and gold production costs are very low. Silver prices won’t fall much below where they are now. The risk / reward ratio is quite enticing. (Analysts’ Target: $21.79).

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Tahoe Resources (THO-T)
December 20, 2016

This is *almost* like catching a falling knife. Their silver and gold production costs are very low. Silver prices won’t fall much below where they are now. The risk / reward ratio is quite enticing. (Analysts’ Target: $21.79).

TOP PICK
TOP PICK
December 7, 2016

He likes to buy things when there is a lot of fear. 6 months ago everybody liked gold and silver, and now everybody hates it. Gold and silver made new lows, but the stocks didn’t. He thinks there is a cycle low being put in. These companies now are implementing technology, and are becoming much more efficient, so their operating leverage is much higher. Dividend yield of 2.37%. (Analysts’ price target is $23.45.)

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Tahoe Resources (THO-T)
December 7, 2016

He likes to buy things when there is a lot of fear. 6 months ago everybody liked gold and silver, and now everybody hates it. Gold and silver made new lows, but the stocks didn’t. He thinks there is a cycle low being put in. These companies now are implementing technology, and are becoming much more efficient, so their operating leverage is much higher. Dividend yield of 2.37%. (Analysts’ price target is $23.45.)

COMMENT
COMMENT
November 11, 2016

A good management team in place and an absolutely world-class mine in Guatemala. They got to sort of a premium market capitalization earlier in the year. The fact that it has come off is making this attractive. You have to consider the political risks. There is domestic political assertion that the deposit was obtained in ways that contravened Canadian and Guatemalan law. He personally does not believe that to be the case.

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Tahoe Resources (THO-T)
November 11, 2016

A good management team in place and an absolutely world-class mine in Guatemala. They got to sort of a premium market capitalization earlier in the year. The fact that it has come off is making this attractive. You have to consider the political risks. There is domestic political assertion that the deposit was obtained in ways that contravened Canadian and Guatemalan law. He personally does not believe that to be the case.

COMMENT
COMMENT
October 21, 2016

One of those unique names in gold and silver that has a decent dividend. A premier management team. His exposure currently is through Lake Shore Gold that they acquired to get their Timmins Camp reduction, which will be a nice way to derive some gold production. Guatemala is a little bit of geopolitical risk. There is good dividend growth potential as they continue to expand and generate free cash flow. A very well-run company and a nice diversified asset base.

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Tahoe Resources (THO-T)
October 21, 2016

One of those unique names in gold and silver that has a decent dividend. A premier management team. His exposure currently is through Lake Shore Gold that they acquired to get their Timmins Camp reduction, which will be a nice way to derive some gold production. Guatemala is a little bit of geopolitical risk. There is good dividend growth potential as they continue to expand and generate free cash flow. A very well-run company and a nice diversified asset base.

COMMENT
COMMENT
August 11, 2016

An extraordinarily high quality silver deposit. This was called away from him, but it had given him everything that he had wanted, and more. If the silver price goes higher, then this stock can go higher. It all depends on your outlook on silver prices.

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Tahoe Resources (THO-T)
August 11, 2016

An extraordinarily high quality silver deposit. This was called away from him, but it had given him everything that he had wanted, and more. If the silver price goes higher, then this stock can go higher. It all depends on your outlook on silver prices.

COMMENT
COMMENT
August 2, 2016

A very well-run company, and he likes the valuation. Also, likes the mix between silver and gold.

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Tahoe Resources (THO-T)
August 2, 2016

A very well-run company, and he likes the valuation. Also, likes the mix between silver and gold.

COMMENT
COMMENT
July 27, 2016

This can become a great Canadian mid-cap producer in 2-3 years’ time, and then you get the valuation bump as well. However, with what they actually have today, the stock is expensive. The other problem is that they have had a run. Gold has had the run, and the Cdn$ has had the run at the Cdn$ gold price. Because of that, he is cautious at this time.

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This can become a great Canadian mid-cap producer in 2-3 years’ time, and then you get the valuation bump as well. However, with what they actually have today, the stock is expensive. The other problem is that they have had a run. Gold has had the run, and the Cdn$ has had the run at the Cdn$ gold price. Because of that, he is cautious at this time.

BUY
BUY
July 26, 2016

Started off as a silver producer in Guatemala, probably one of the best silver assets globally. It changed and remade itself through a number of acquisitions, and now has as much gold as silver. Trading at 1.5X NAV, which is in line with where seniors are trading, but generates a lot more free cash flow, about 4%-6%, where he gets 3%-4% with the seniors. Now that they have acquired Lakeshore, they can now start to talk about how they can surface value from some of the assets that no one gave them credit for.

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Started off as a silver producer in Guatemala, probably one of the best silver assets globally. It changed and remade itself through a number of acquisitions, and now has as much gold as silver. Trading at 1.5X NAV, which is in line with where seniors are trading, but generates a lot more free cash flow, about 4%-6%, where he gets 3%-4% with the seniors. Now that they have acquired Lakeshore, they can now start to talk about how they can surface value from some of the assets that no one gave them credit for.

COMMENT
COMMENT
June 30, 2016

Thinks the worst is over for gold. It has a seasonal period that starts and ends in July, followed by another one later in the fall. This looks really good, except it is pretty volatile. Expects this to move much higher and he has a $26 target on it.

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Thinks the worst is over for gold. It has a seasonal period that starts and ends in July, followed by another one later in the fall. This looks really good, except it is pretty volatile. Expects this to move much higher and he has a $26 target on it.

BUY
BUY
June 9, 2016

There is torque on the basis of whatever metals they are associated with. The management have great history. He would continue to hold it. He thinks there is more lift coming in gold.

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There is torque on the basis of whatever metals they are associated with. The management have great history. He would continue to hold it. He thinks there is more lift coming in gold.

Showing 1 to 30 of 48 entries

Tahoe Resources(THO-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Tahoe Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Tahoe Resources(THO-T) Frequently Asked Questions

What is Tahoe Resources stock symbol?

Tahoe Resources is a Canadian stock, trading under the symbol THO-T on the Toronto Stock Exchange (THO-CT). It is usually referred to as TSX:THO or THO-T

Is Tahoe Resources a buy or a sell?

In the last year, there was no coverage of Tahoe Resources published on Stockchase.

Is Tahoe Resources a good investment or a top pick?

Tahoe Resources was recommended as a Top Pick by Dennis da Silva on 2019-01-09. Read the latest stock experts ratings for Tahoe Resources.

Why is Tahoe Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Tahoe Resources worth watching?

0 stock analyst on Stockchase covered Tahoe Resources In the last year. It is a trending stock that is worth watching.

What is Tahoe Resources stock price?

On 2019-06-29, Tahoe Resources (THO-T) stock closed at a price of $4.95.