Tahoe Resources: 2Q Earnings Snapshot
RENO, Nev. (AP) _ Tahoe Resources Inc. (TAHO) on Wednesday reported a second-quarter loss of $15.6 million, after reporting a profit in the same period a year earlier.
The Reno, Nevada-based company said it had a loss of 5 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The mining company posted revenue of $127.1 million in the period.
The company’s shares closed at $4.32. A year ago, they were trading at $5.43.