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Stock impact report

Tahoe Resources Inc Stock Lost 49.2% in 2017. Will 2018 Be Any Better? [The Motley Fool]

TAHOE RESOURCES (TAHO) 
Last tahoe resources earnings: 11/6 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tahoeresources.com/investor-relations
Company Research Source: The Motley Fool
The company got crushed when its silver operations were unexpectedly taken offline. Will they return in 2018? Investors headed for the exits en masse when it came to Tahoe Resources ( NYSE:TAHO ) last year. The stock price was sliced in half during 2017 thanks largely to an abrupt stop in silver production caused by disputes surrounding operations at the Escobal mine in Guatemala, which kicked off an epic showdown between the company, an NGO, and the nation's government that continues today. The significant loss of silver sales from Escobal forced two major gold mines in Canada and Peru to shoulder the burden. Although gold operations alone nearly allowed Tahoe Resources to post positive EPS in the third quarter of 2017, gold production costs that are relatively high compared to the industry average ensure that's not a sustainable long-term solution. Where did things go wrong for Tahoe Resources in 2017? Should investors expect a turnaround in the year ahead? Im Show less Read more
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