Tahoe Resources (TAHO) : On Monday, The money flowed into the Tahoe Resources (TAHO) stock with an uptick to downtick ratio was recorded at 5.12. Transactions worth $0.57 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.11 million. The total money flow into the stock was $0.46 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.34 million of block transactions on upticks. The total money flow in block trades was $0.34 million. In terms of price action, Tahoe Resources (TAHO) traded down $0.03 during the session at $16.37. Compared to the previous days closing, the stock was down only by -0.18%. For the week, the stock is 6.99%, over previous weeks closing.
Shares of Tahoe Resources Inc. rose by 6.2% in the last five trading days and 3.59% for the last 4 weeks. Tahoe Resources Inc. is up 24.73% in the last 3-month period. Year-to-Date the stock performance stands at 89.62%.
Tahoe Resources (NYSE:TAHO): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.30 and $16.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.44, notching a gain of 0.24% for the day. The total traded volume was 1,839,373 . The stock had closed at $16.40 on the previous day.
Tahoe Resources Inc. is a mineral exploration, development and mine operating company. The Companys principal business activity is to operate the Escobal mine, a mining operation in southeastern Guatemala. The Escobal deposit is an intermediate-sulfidation fault-related vein formed within Tertiary sedimentary and volcanic rocks within the Caribbean plate. The Escobal vein system hosts silver, gold, lead and zinc, with an associated epithermal suite of elements, within quartz and quartz-carbonate veins. It is also engaged in the acquisition, exploration, development and operation of mineral properties in the Americas for the mining of precious metals. The Company produces metal-bearing concentrates. Silver, gold, lead and zinc are recovered by differential flotation, producing silver-rich lead concentrates and zinc concentrates, which are sold to third-party smelters under concentrate sales arrangements.