Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $13.22, but opened at $12.75. Grupo Mexico shares last traded at $13.0475, with a volume of 13,458 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Scotiabank reiterated a “sector perform” rating on shares of Grupo Mexico in a report on Monday, June 15th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Grupo Mexico currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on GMBXF
Grupo Mexico Stock Down 0.5%
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.
Featured Stories
- Five stocks we like better than Grupo Mexico
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
- 5 Stocks the Market Rewarded After Strong Earnings Results
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.
