Grupo Mexico (GMBXF) to Release Earnings on Monday

Grupo Mexico (OTCMKTS:GMBXF) is projected to post its resultson Monday, July 27th. Analysts expect Grupo Mexico to announce earnings of $0.2229 per share and revenue of $5.6882 billion for the quarter.

Grupo Mexico Stock Up 0.5%

GMBXF opened at $12.05 on Friday. Grupo Mexico has a 52-week low of $5.92 and a 52-week high of $12.95. The firm’s fifty day simple moving average is $11.90 and its two-hundred day simple moving average is $11.55.

Analysts Set New Price Targets

GMBXF has been the subject of several recent research reports. Scotiabank reiterated a “sector perform” rating on shares of Grupo Mexico in a research note on Monday, June 15th. The Goldman Sachs Group raised shares of Grupo Mexico from a “hold” rating to a “buy” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.