TSX:THO

Stock Analysis Report

Executive Summary

Tahoe Resources Inc., together with its subsidiaries, acquires, explores for, develops, and operates mineral properties in the Americas.

Snowflake

Fundamentals

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Tahoe Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

THO

0.1%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-21.2%

THO

12.3%

CA Metals and Mining

1.1%

CA Market


Shareholder returns

THOIndustryMarket
7 Day0%0.1%-0.2%
30 Day2.1%-5.2%-3.3%
90 Day6.9%-4.8%-1.6%
1 Year-21.2%-21.2%13.2%12.3%4.6%1.1%
3 Year-58.4%-59.8%-11.5%-13.1%13.1%3.1%
5 Year-79.8%-81.0%7.5%3.4%24.7%6.7%

Price Volatility Vs. Market

How volatile is Tahoe Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tahoe Resources undervalued compared to its fair value and its price relative to the market?

28.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: THO (CA$4.95) is trading below our estimate of fair value (CA$6.89)

Significantly Undervalued: THO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: THO is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: THO is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate THO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: THO is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Tahoe Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

64.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: THO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: THO is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: THO's loss is forecast to worsen by 0% next year.

Revenue vs Market: THO's revenue (11.5% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: THO's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Tahoe Resources performed over the past 5 years?

0.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: THO is unprofitable, but has reduced losses over the past 5 years at a rate of 0.4% per year.

Accelerating Growth: Unable to compare THO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: THO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: THO has a negative Return on Equity (-9.53%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: THO is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: THO is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Tahoe Resources's financial position?


Financial Position Analysis

Short Term Liabilities: THO's short term assets ($227.4M) exceeds its short term liabilities ($124.7M)

Long Term Liabilities: THO's short term assets (227.4M) do not cover its long term liabilities (389.2M)


Debt to Equity History and Analysis

Debt Level: THO's debt to equity ratio (4.2%) is considered satisfactory

Reducing Debt: THO's debt to equity ratio has reduced from 6.3% to 4.2% over the past 5 years.


Balance Sheet

Information is not available.

Information is not available.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if THO has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if THO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Tahoe Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate THO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate THO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if THO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if THO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: THO is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: THO is not forecast to pay a dividend in 3 years.


Next Steps

Management

What is the CEO of Tahoe Resources's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Jim Voorhees (64yo)

0.7yrs

Tenure

US$186,803

Compensation

Mr. James S. Voorhees, also known as Jim, P.Eng, has been President and Chief Executive Officer at Tahoe Resources Inc. since June 15, 2018. He has been an Independent Director at Tahoe Resources Inc. sinc ...


Management Age and Tenure

2.5yrs

Average Tenure

63yo

Average Age

Experienced Management: THO's management team is considered experienced (2.5 years average tenure).


Board Age and Tenure

4.1yrs

Average Tenure

68yo

Average Age

Experienced Board: THO's board of directors are considered experienced (4.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jim Voorhees (64yo)

    President

    • Tenure: 0.7yrs
    • Compensation: US$186.80k
  • Tom Fudge (62yo)

    Vice President of Operations

    • Tenure: 2.5yrs
  • Dave Howe

    VP of Operations - Guatemala & MD of Minera San Rafael

    • Tenure: 2.5yrs
  • C. McArthur (63yo)

    Executive Chair

    • Tenure: 3.8yrs
    • Compensation: US$400.00k
  • Edie Hofmeister

    Executive VP of Corporate Affairs & General Counsel

    • Tenure: 7.9yrs
    • Compensation: US$1.02m
  • Brian Brodsky

    Vice President of Exploration

    • Tenure: 8.7yrs
    • Compensation: US$731.28k
  • Elizabeth McGregor

    Executive VP & CFO

    • Tenure: 2.5yrs
    • Compensation: US$859.65k
  • Alexandra Barrows

    Vice President of Investor Relations

    • Tenure: 1.4yrs

Board Members

  • A. Rovig (79yo)

    Lead Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$249.80k
  • Jim Voorhees (64yo)

    President

    • Tenure: 0.7yrs
    • Compensation: US$186.80k
  • Chuck Jeannes (60yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: US$202.13k
  • Ken Williamson (70yo)

    Independent Director

    • Tenure: 8.7yrs
    • Compensation: US$186.80k
  • Alan Moon (72yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$166.80k
  • Paul Sweeney (68yo)

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$206.80k
  • C. McArthur (63yo)

    Executive Chair

    • Tenure: 3.8yrs
    • Compensation: US$400.00k
  • Tanya Jakusconek (51yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: US$166.80k
  • Drago Kisic Wagner (69yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$166.80k

Company Information

Tahoe Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tahoe Resources Inc.
  • Ticker: THO
  • Exchange: TSX
  • Founded: 2009
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$1.551b
  • Shares outstanding: 313.31m
  • Website: https://www.tahoeresources.com

Number of Employees


Location

  • Tahoe Resources Inc.
  • 5310 Kietzke Lane
  • Suite 200
  • Reno
  • Nevada
  • 89511
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
THOTSX (The Toronto Stock Exchange)YesVoting Common SharesCACADJun 2010
7T0DB (Deutsche Boerse AG)YesVoting Common SharesDEEURJun 2010
TAHONYSE (New York Stock Exchange)YesVoting Common SharesUSUSDJun 2010

Biography

Tahoe Resources Inc., together with its subsidiaries, acquires, explores for, develops, and operates mineral properties in the Americas. It explores for silver, gold, lead, zinc, and copper deposits, as we ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/02/27 02:16
End of Day Share Price2019/02/26 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.