Tahoe Res INC (TAHO) Holding Held by Sprott Inc

Sprott Inc increased its stake in Tahoe Res Inc (TAHO) by 74.72% based on its latest 2018Q2 regulatory filing with the SEC. Sprott Inc bought 1.23M shares as the company’s stock declined 44.92% while stock markets rallied. The hedge fund held 2.87 million shares of the basic industries company at the end of 2018Q2, valued at $17.67M, up from 1.65M at the end of the previous reported quarter. Sprott Inc who had been investing in Tahoe Res Inc for a number of months, seems to be bullish on the $1.13B market cap company. The stock increased 0.56% or $0.02 during the last trading session, reaching $3.57. About 2.52M shares traded. Tahoe Resources Inc. (NYSE:TAHO) has declined 54.37% since December 8, 2017 and is downtrending. It has underperformed by 69.99% the S&P500.

Sprott Inc, which manages about $3.27B and $488.26 million US Long portfolio, decreased its stake in Vaneck Vectors Etf Tr by 1.40M shares to 171,522 shares, valued at $3.83 million in 2018Q2, according to the filing. It also reduced its holding in Kirkland Lake Gold Ltd by 214,389 shares in the quarter, leaving it with 558,501 shares, and cut its stake in B2gold Corp (NYSEMKT:BTG).

More notable recent Tahoe Resources Inc. (NYSE:TAHO) news were published by: Businesswire.com which released: “Tahoe Resources Mails and Files Meeting Materials in Connection with the Proposed Plan of Arrangement to Create the World’s Premier Silver Mining Company – Business Wire” on December 06, 2018, also Nasdaq.com with their article: “Mid-Morning Market Update: Markets Open Higher; Macy’s Earnings Top Estimates – Nasdaq” published on November 14, 2018, Fool.com published: “Why This Struggling Silver Stock Rocketed 51% in November – Motley Fool” on December 05, 2018. More interesting news about Tahoe Resources Inc. (NYSE:TAHO) were released by: Schaeffersresearch.com and their article: “Downgraded Apple Drags Dow Into the Red – Schaeffers Research” published on November 14, 2018 as well as Fool.com‘s news article titled: “Here’s Why These Mining Stocks Slipped in October – Motley Fool” with publication date: November 13, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.