Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report)’s share price gapped up before the market opened on Monday. The stock had previously closed at $12.0558, but opened at $12.90. Grupo Mexico shares last traded at $13.00, with a volume of 761 shares.
Analysts Set New Price Targets
Separately, Scotiabank reaffirmed a “sector perform” rating on shares of Grupo Mexico in a report on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.
Check Out Our Latest Research Report on GMBXF
Grupo Mexico Stock Up 0.9%
Grupo Mexico Company Profile
Grupo México is a diversified Mexican company with core operations in mining, transportation and infrastructure. Its mining business is conducted primarily through Southern Copper Corporation, a major integrated copper producer with mining, smelting and refining activities in Mexico and Peru. The company produces copper and also recovers byproducts such as molybdenum, zinc, silver and sulfuric acid.
Grupo México’s principal mining assets include the Buenavista del Cobre operation in Sonora, Mexico, and the Cuajone and Toquepala mines in Peru.
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