Grupo México (OTCMKTS:GMBXF) Upgraded at Scotiabank

Grupo México (OTCMKTS:GMBXF) was upgraded by equities research analysts at Scotiabank from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Grupo México Stock Performance

GMBXF opened at $4.82 on Monday. The stock’s 50 day simple moving average is $5.00 and its 200 day simple moving average is $5.16. Grupo México has a 1-year low of $4.52 and a 1-year high of $7.00.

Grupo México Company Profile

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.