Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $13.37 and last traded at $13.37, with a volume of 1270 shares. The stock had previously closed at $13.07.
Wall Street Analysts Forecast Growth
Separately, Scotiabank restated a “sector perform” rating on shares of Grupo Mexico in a report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Grupo Mexico presently has a consensus rating of “Hold”.
View Our Latest Report on GMBXF
Grupo Mexico Stock Down 0.6%
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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