Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) gapped down before the market opened 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 changing hands.
Analyst Ratings Changes
Separately, Scotiabank reaffirmed a “sector perform” rating on shares of Grupo Mexico in a research 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 company. Based on data from MarketBeat.com, Grupo Mexico presently has an average rating of “Hold”.
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Grupo Mexico Price Performance
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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