Tahoe Resources Inc.

Tahoe Resources Inc. is a publicly traded company led by experienced mining professionals who are dedicated to the responsible production of precious metals in the Americas. In its quest to develop and operate world-class mines, the company is dedicated to maximizing shareholder value while working to the highest standards of environmental stewardship, community engagement and employee health and safety. As a new leader in precious metals, Tahoe operates the Escobal silver mine in Guatemala and La Arena gold mine in Peru and is developing the Shahuindo project, also in Peru.

Expert Comments:

Chris Thompson, Raymond James (2/9/16)
"We are maintaining our target price of CA$15.25 on Tahoe Resources Inc. following the announcement of the company's proposed all share purchase of Lake Shore Gold. . .upside for shareholders is offered by growth from both companies, high-margin cash flow from Tahoe and North American production from Lake Shore. . .the addition of Lake Shore's asset base should be welcomed."

Barry Allan, Mackie Research Capital (2/8/16)
"Lake Shore Gold and Tahoe Resources Inc. have agreed to merge. . .at first glance, the marriage of Tahoe and Lake Shore may not be immediately obvious, but if shareholders think in terms of a low-risk operating asset in a stable country, Lake Shore is a no-fuss, hassle-free operating asset generating good levels of operating cash flow—excellent political insulation for Tahoe shareholders. . .we think Tahoe's management has shown astute market timing."

Geordie Mark, Haywood Securities (2/8/16)
"Tahoe Resources Inc. announced it has entered into an agreement to acquire Lake Shore Gold for consideration of 0.1467 shares for every Lake Shore share, representing an implied equity value of CA$945M. . .the transaction is anticipated to close in April 2016. . .the Lake Shore Gold acquisition would seem perfectly timed as the target's operations have matured to deliver lower-cost production that would augment Tahoe's production base. Completion of the acquisition would add jurisdictional and asset diversification, leading to an overall lower risk profile."

Chris Thompson, Raymond James (2/8/16)
"Tahoe Resources Inc. announced it has entered into a definite agreement to acquire all the issued and outstanding common shares of Lake Shore Gold for CA$945M in Tahoe shares. Lake Shore owns and operates the Bell Creek and Timmins West underground gold mines in Timmins, Ontario, Canada. . .the acquisition of Lake Shore (if successful) adds a large high-grade (reserve grade: 4.4 g/t, 1.14 Moz), geopolitically friendly (Canada) asset with exploration and development upside. . .which is a key ingredient the company looks for in making acquisitions."

"Tahoe Resources Inc. just released its 2016 production and cost guidance. I didn't see major issues there. I think at Shahuindo it was planning a 10 Ktpd plant versus a 30 Ktpd version, but in this environment, a company is probably better off risking less capital until it knows the conditions. Tahoe has actually underperformed year-to-date compared to its peers, but this is a company that is not going bankrupt and is run by good people who own a lot of stock. I think the stock is probably a reasonable Buy at this level. The worst thing would be silver prices continued to drop, but if gold goes up, silver should follow that. . .there are some more engineering studies going on. The bigger deal will just be continuing to operate and not have any big hiccups. The guidance may be overly conservative. It's hard to say. But Tahoe's management team has a lot of experience and has maneuvered a lot of markets before, so we're sticking with that one." read more >

Chris Thompson, Raymond James (1/26/16)
"Our thesis remains unchanged, that being Tahoe Resources Inc. ranks as a premier low-cost precious metals producer that offers fully funded organic growth and current FCF generation, reflective of our OP2 rating."

More Expert Comments

Experts Following This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
Barry Allan, Vice Chair of Mining Group, and Senior Mining Analyst – Mackie Research Capital
John Bridges, Analyst – J.P. Morgan
Michael Curran, Managing Director, Research Analyst – Beacon Securities Ltd.
Leon Esterhuizen, Analyst – CIBC World Markets
Michael Gray, Analyst – Macquarie Capital Markets
Doug Groh, Senior Research Analyst – Tocqueville Asset Management L.P.
John Hathaway, Senior Managing Director – Tocqueville Asset Management L.P.
Frank Holmes, Chairman – U.S. Global Investors
Andrew Kaip, Analyst – BMO Capital Markets
Tony Lesiak – Canaccord Genuity
Chris Mancini, Research Analyst – Gabelli Gold Fund
Geordie Mark, Research Analyst – Haywood Securities
Axel Merk, CEO – Merk Investments
Robert Mullin, General Partner – Real Assets Equity Income Fund
Shane Nagle, Analyst – National Bank Financial
Matthew O'Keefe, Senior Analyst – Dundee Capital Markets
Greg Orrell, Portfolio Manager – OCM Gold Fund
Gwen Preston, Founder Resource Maven
Jay Taylor, Author Gold, Energy & Tech Stocks
Chris Thompson, Mining Analyst – Raymond James
Stephen Walker, Analyst – RBC Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
Experienced Team of Mine Builders and Operators
Low Cost Producer Gold and Silver Assets
Committed to Delivering Long-term Shareholder Value
Monthly dividend