Grupo Mexico (OTCMKTS:GMBXF) was downgraded by Citigroup from a “buy” rating to a “neutral” rating in a research note issued on Monday, The Fly reports.

GMBXF opened at $2.27 on Monday. Grupo Mexico has a 1 year low of $2.21 and a 1 year high of $3.62.

Grupo Mexico Company Profile

Grupo México SAB. de C.V. engages in the provision of copper business. Its activities include mining, exploration, exploitation, multimodal freight railroad service and infrastructure development. It operates through the following divisions: Mining, Transportation, Infrastructure, and Corporate. The Mining division includes copper extraction, copper smelting and refining operations, copper production, with byproducts of molybdenum, silver and other materials, mainly in Peru and the USA.

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