Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $13.26, but opened at $12.45. Grupo Mexico shares last traded at $13.63, with a volume of 5,893 shares.
Wall Street Analyst Weigh In
Separately, Scotiabank reiterated a “sector perform” rating on shares of Grupo Mexico in a research report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Research Report on GMBXF
Grupo Mexico Trading Up 5.5%
Grupo Mexico Company Profile
Grupo México is a diversified Mexican industrial conglomerate with principal operations in mining, transportation and infrastructure. The company’s core business is the extraction and processing of base and precious metals, while complementary divisions provide freight rail and logistics services across Mexico. Grupo México operates as a vertically integrated enterprise that combines mineral production with the transport and logistics capabilities needed to move bulk commodities to market.
In mining, Grupo México is best known as the parent of Southern Copper Corporation and as one of the world’s larger copper producers.
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