Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $10.39, but opened at $9.8875. Grupo Mexico shares last traded at $10.2250, with a volume of 5,854 shares traded.
Grupo Mexico Stock Performance
The company has a 50-day simple moving average of $11.41 and a two-hundred day simple moving average of $9.68.
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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