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
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.

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