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:

Matthew O'Keefe, Dundee Capital Markets (6/30/15)
"We believe investors can focus on Tahoe Resources Inc.'s industry leading fundamentals with the sale of Goldcorp Inc.'s material 25.6% ownership behind us; additionally, the improved free float should offer increased liquidity. Of note, we also saw the company added to several indices such as the GDX, which previously had restrictions on controlling/concentrated ownership positions."

Andrew Kaip, BMO Capital Markets (6/30/15)
"The sale of Goldcorp Inc.'s interest in Tahoe Resources Inc. results in no fundamental impact to Tahoe's valuation or earnings prospects. However, we believe the 15% decline in the company's share price since announcement of the offering reinforces a compelling opportunity for investors seeking exposure to a high-quality, mid-tier precious metal miner displaying strong growth prospects with a competitive and sustainable dividend yield. The secondary sale also enhances market liquidity. . .Tahoe's stock is rated Outperform with a CA$21.00 target price."

"If you're looking for free cash-flow generation and producing yield with some growth, we like Tahoe Resources Inc. for exposure to silver and gold in the Americas. . .the takeover of Rio Alto and its Peruvian assets, the La Arena gold mine and the Shahuindo gold project, have bolstered Tahoe's production profile and its technical expertise profile and given it jurisdictional diversification. The company is now producing a significant amount of gold—220,000 oz from La Arena last year—to add to the silver it produces from Escobal in Guatemala. It has come close to doubling silver-equivalent production as a result of the merger. It now has significant free cash flow that it can put to work to developing Shahuindo, which is scheduled to begin production in early 2016. Bringing Shahuindo on-stream is expected to aid cash flow generation that ultimately could be used to fund further acquisitions. . .Shahuindo is a low-cost build, with a capex for an initial Run of Mine heap-leach operation that would likely move to a larger scale multi-stage crush, heap leach mine. Senior management from both Tahoe and Rio Alto has heap-leach experience, and with La Arena relatively proximal to Shahuindo, they have significant operational experience within Peru. These synergies certainly boost Shahuindo's performance and growth potential." read more >

Geordie Mark, Haywood Securities (6/16/15)
"Goldcorp Inc. entered into an agreement with GMP and BMO to complete a CA$998.5M secondary offering (58.1 shares at CA$17.20 per share or a 7% discount to Monday's close) of Tahoe Resources Inc. shares on a bought-deal basis. . .the transaction is likely to lead to the generation of heightened liquidity for Tahoe. Further, the transaction removes Goldcorp from the equation, which improves clarity on further acquisitions by Tahoe in the future. . .Goldcorp's position in the company stems from the IPO and represents a non-core asset, for which the sale is congruent with its disposition of non-core assets to strengthen the balance sheet."

"Tahoe Resources Inc. is a high-quality miner. The company has Escobal in Guatemala, one of the best primary silver mines anywhere. The merger with Rio Alto Mining gives it cash on the balance sheet, La Arena in Peru, which produced 222 Koz gold in 2014, and the Shahuindo gold-silver project in Peru. Both of Tahoe's producing mines are low cost. Tahoe will able to build Shahuindo at low cost. After that goes into production, the company will then have three cash-flowing mines and no debt. This gives it the opportunity to make another acquisition and use its cash flow to build it. . .it is a real testament to Tahoe and to the Guatemalan people that the company has been able to ramp up production to 4,500 tons a day from an all-underground mine with an almost exclusively Guatemalan workforce trained onsite." read more >

Matthew O'Keefe, Dundee Capital Markets (4/29/15)
"Tahoe Resources Inc.'s Q1/15 financials were better than expected as costs came in below expectations and the company sold more ounces than payable production at an average realized price above that for the quarter. Escobal continues to demonstrate industry leading cash costs and its ramp-up to 4,500 tpd plus the recent acquisition of Rio Alto should offer steady production growth."

More Expert Comments

Experts Commenting on This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
John Bridges, Analyst – J.P. Morgan
Leon Esterhuizen, Analyst – CIBC World Markets
David Forster, Senior Financial Advisor – Merrill Lynch
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.
Michael Jalonen, Precious Metals Analyst – Merrill Lynch
Andrew Kaip, Analyst – BMO Capital Markets
Chris Mancini, Research Analyst – Gabelli Gold Fund
Geordie Mark, Research Analyst – Haywood Securities
Shane Nagle, Analyst – National Bank Financial
Matthew O'Keefe, Senior Analyst – Dundee Capital Markets
Charles Oliver, Senior Portfolio Manager – Sprott Asset Management
Keith Phillips, Managing Director – Cowen & Co.
Ralph Profiti, Analyst – Credit Suisse
Sean Rakhimov, Editor – Silver Stategies
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
Tahoe Resources Inc. Content