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Last C$11.56 CAD
Change Today +0.40 / 3.58%
Volume 1.5M
THO On Other Exchanges
Symbol
Exchange
Toronto
New York
Frankfurt
As of 4:00 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

tahoe resources inc (THO) Snapshot

Open
C$11.21
Previous Close
C$11.16
Day High
C$11.81
Day Low
C$11.21
52 Week High
08/29/14 - C$28.00
52 Week Low
08/5/15 - C$9.65
Market Cap
2.6B
Average Volume 10 Days
1.8M
EPS TTM
C$0.39
Shares Outstanding
224.0M
EX-Date
08/18/15
P/E TM
22.3x
Dividend
C$0.24
Dividend Yield
1.93%
Current Stock Chart for TAHOE RESOURCES INC (THO)

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tahoe resources inc (THO) Details

Tahoe Resources Inc., together with its subsidiaries, explores for and produces precious metals in the Americas. The company primarily produces silver, as well as gold, lead, and zinc. Its principal project is the Escobal project located in Southeast Guatemala. The company was formerly known as CKM Resources Inc. and changed its name to Tahoe Resources Inc. in January 2010. Tahoe Resources Inc. was incorporated in 2009 and is headquartered in Reno, Nevada.

930 Employees
Last Reported Date: 03/11/15
Founded in 2009

tahoe resources inc (THO) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $425.0K
President and Chief Operating Officer
Total Annual Compensation: $380.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $242.5K
Vice President of Corporate Affairs, General ...
Total Annual Compensation: $237.5K
Vice President of Exploration
Total Annual Compensation: $242.5K
Compensation as of Fiscal Year 2014.

tahoe resources inc (THO) Key Developments

Tahoe Resources Inc. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Announces Credit Agreement with Syndicate of International Banks

Tahoe Resources Inc. reported unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $133,812,000 against $104,717,000 a year ago. Earnings from operations were $2,615,000 against $45,198,000 a year ago. Earnings before income taxes were $2,148,000 against $43,595,000 a year ago. Loss attributable to common shareholders was $9,339,000 or $0.04 per diluted share against income attributable to common shareholders of $36,107,000 or $0.24 per diluted share a year ago. Net cash provided by operating activities was $34,450,000 against $17,679,000 a year ago. For the six months, the company reported revenues of $219,094,000 against $194,590,000 a year ago. Earnings from operations were $41,303,000 against $78,689,000 a year ago. Earnings before income taxes were $39,696,000 against $74,697,000 a year ago. Income attributable to common shareholders was $22,551,000 or $0.12 per diluted share against $60,918,000 or $0.41 per diluted share a year ago. Net cash provided by operating activities was $60,224,000 against $39,229,000 a year ago. For the quarter, the company reported average mill throughput of 4,288 tpd, with an average silver head grade of 422 g/t for second quarter of 2015 compared to average mill throughput of 3,419 tpd with an average silver head grade of 657 g/t for second quarter of 2014. Produced metal concentrates containing 4.5 million ounces of silver, 2,069 ounces of gold, 1,958 tons of lead and 2,954 tons of zinc for second quarter of 2015, compared to 5.8 million ounces of silver, 2,928 ounces of gold, 3,451 tons of lead and 3,782 tons of zinc for second quarter of 2014. Average silver recovery to concentrates of 84.8% for second quarter of 2015 compared to 88.1% second quarter of 2014. Produced 4,712 tons of lead concentrates containing an average silver grade of 28,227 g/t for second quarter of 2015 compared to 7,619 tons of lead concentrates containing an average silver grade of 22,791 g/t for second quarter of 2014. For the six months, the company reported average mill throughput of 4,007 tpd, with an average silver head grade of 458 g/t for six months of 2015 compared to average mill throughput of 3,231 tpd with an average silver head grade of 607 g/t for six months of 2014. Produced metal concentrates containing 9.1 million ounces of silver, 4,611 ounces of gold, 4,215 tons of lead and 6,364 tons of zinc for six months of 2015, compared to 9.9 million ounces of silver, 5,615 ounces of gold, 5,793 tons of lead and 6,427 tons of zinc for six months of 2014. Average silver recovery to concentrates of 84.9% for six months of 2015 compared to 86.5% for six months of 2014. Produced 9,987 tons of lead concentrates containing an average silver grade of 26,808 g/t for six months of 2015 compared to 12,625 tons of lead concentrates containing an average silver grade of 23,456 g/t for six months of 2014. On August 10, 2015, the company signed a credit agreement with a syndicate of international banks for a revolving credit facility for an aggregate amount of $150 million. The Revolving Facility will bear interest on a sliding scale of LIBOR plus between 2.25% to 3.25% or a base rate plus 1.25% to 2.25% which is determined based on the company’s consolidated net leverage ratio. Commitment fees for the undrawn portion of the facility will also be on a similar sliding scale basis of between 0.56% and 0.81%. The term for the Revolving Facility is 3 years. Proceeds from the loan may be used for general corporate purposes. The company is currently in compliance with all covenants associated with the Revolving Facility.

Tahoe Resources Declares Eighth Monthly Dividend for 2015, Payable on August 27, 2015

Tahoe Resources Inc. declared its eighth monthly dividend for 2015 of $0.02 per common share. Shareholders of record at the close of business on August 20, 2015 will be entitled to receive payment of this dividend on August 27, 2015.

Tahoe Resources Announces Executive Changes

Tahoe Resources Inc. announced that Kevin McArthur, Tahoe's Executive Chair, has assumed the Chief Executive Officer duties of the company following the resignation of Alex Black as Tahoe's CEO and Director. Mr. Black, who assumed the CEO role following the acquisition of Rio Alto Mining Limited in February, is resigning for personal reasons.

 

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Industry Analysis

THO

Industry Average

Valuation THO Industry Range
Price/Earnings 28.1x
Price/Sales 5.3x
Price/Book 1.1x
Price/Cash Flow 18.7x
TEV/Sales 4.8x
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