Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $14.25 and last traded at $14.00, with a volume of 1815 shares changing hands. The stock had previously closed at $13.1756.
Wall Street Analyst Weigh In
Separately, Scotiabank reiterated a “sector perform” rating on shares of Grupo Mexico in a research note on Monday, June 15th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold”.
View Our Latest Research Report on Grupo Mexico
Grupo Mexico Trading Up 1.0%
About Grupo Mexico
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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