Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) shares were down 5.3% on Monday . The company traded as low as $13.25 and last traded at $13.25. Approximately 220 shares were traded during trading, a decline of 99% from the average session volume of 31,473 shares. The stock had previously closed at $13.99.
Analyst Ratings Changes
Separately, Scotiabank restated a “sector perform” rating on shares of Grupo Mexico in a research note on Monday, June 15th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.
View Our Latest Research Report on GMBXF
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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