Is This Stock a Screaming Buy: Tahoe Resources Inc. (NYSE:TAHO)

Equity Research firms currently have a positive stance on shares of Tahoe Resources Inc. (NYSE:TAHO). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $20.88 on a short term basis.

At the time of writing, the stock was trading at $11.31. This represents a change from the opening price of -1.74%. In terms of performance, year to date, the stock is 28.49%. The monthly stock performance comes in at -24.53%. For the quarter, shares are performing at -32.40%. Weekly performance analysis shows the equity at -15.54%.

In taking a look at technical levels, shares are trading -20.66% away from the 50 day simple moving average and -6.36% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -33.51% away from it’s 52- week high and 74.67% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Tahoe Resources Inc.’s RSI stands at 27.98. In looking at volatility levels, the shares saw weekly volatility of 6.17% and 4.58% over the past month.

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