Shares of Tahoe Resources (TAHO) Sees Large Inflow of Net Money Flow

Tahoe Resources (TAHO) : Investors lapped up stocks on upticks to the tune of $0.78 million in the Tuesdays trading session. The trading value on downticks was comparatively at $0.37 million and the uptick to downtick ratio of 2.1 indicates continuous buying by the bulls. The net money flow into the stock was $0.41 million. Upticks saw transactions worth $0.29 clearly indicating buying by large investors. The total money flow for block trades stood at $0.29 million, which is a positive for the stock in the long-term. Tahoe Resources (TAHO) fell $0.01 during the day at $16.56, a drop of -0.06% over the previous days close. However, for the week, the stock is 0.49%, compared to the previous week.


Institutional Investors own 48.18% of Tahoe Resources shares.

Shares of Tahoe Resources Inc. rose by 3.96% in the last five trading days and 18.65% for the last 4 weeks. Tahoe Resources Inc. is up 30.43% in the last 3-month period. Year-to-Date the stock performance stands at 84.89%.

Tahoe Resources (NYSE:TAHO): On Tuesdays trading session , Opening price of the stock was $16.57 with an intraday high of $16.66. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.95. However, the stock managed to close at $16.03, a loss of 3.26% for the day. On the previous day, the stock had closed at $16.57. The total traded volume of the day was 2,409,805 shares.

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.

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