Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as $12.57 and last traded at $12.51, with a volume of 13223 shares. The stock had previously closed at $12.0340.
Grupo Mexico Price Performance
The business has a 50-day moving average price of $10.84 and a 200 day moving average price of $8.97.
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.
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