Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $12.73, but opened at $13.52. Grupo Mexico shares last traded at $13.29, with a volume of 32,706 shares trading hands.
Wall Street Analyst Weigh In
Separately, Scotiabank reaffirmed a “sector perform” rating on shares of Grupo Mexico in a research note on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.
Read Our Latest Stock Report on GMBXF
Grupo Mexico Stock Performance
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.
Further Reading
- Five stocks we like better than Grupo Mexico
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for Grupo Mexico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Mexico and related companies with MarketBeat.com's FREE daily email newsletter.
