Grupo Mexico (OTCMKTS:GMBXF – Get Free Report) is anticipated to issue its resultson Monday, July 27th. Analysts expect Grupo Mexico to post earnings of $0.2229 per share and revenue of $5.6882 billion for the quarter.
Grupo Mexico Price Performance
GMBXF stock opened at $12.05 on Friday. The stock’s 50 day simple moving average is $11.90 and its 200 day simple moving average is $11.55. Grupo Mexico has a 12-month low of $5.92 and a 12-month high of $12.95.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. The Goldman Sachs Group raised shares of Grupo Mexico from a “hold” rating to a “buy” rating in a report on Friday, April 10th. 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.
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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