Grupo Mexico (OTCMKTS:GMBXF) Sets New 1-Year High – Time to Buy?

Posted by George Bondi on Aug 24th, 2026

Shares of Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) reached a new 52-week high on Monday . The company 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 Analysts Forecast Growth

Separately, Scotiabank reissued 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Get Our Latest Analysis on Grupo Mexico

Grupo Mexico Stock Up 1.0%

The company’s fifty day simple moving average is $12.17 and its 200 day simple moving average is $11.82.

Grupo Mexico Company Profile

(Get Free Report)

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.