Grupo Mexico (GMBXF) to Announce Earnings on Monday

Grupo Mexico (OTCMKTS:GMBXF) is projected to announce its resultson Monday, July 27th. Analysts expect Grupo Mexico to announce earnings of $0.2149 per share and revenue of $5.6265 billion for the quarter.

Grupo Mexico Stock Performance

GMBXF stock opened at $11.66 on Monday. The company’s 50 day moving average is $11.93 and its 200 day moving average is $11.48. Grupo Mexico has a 1-year low of $5.92 and a 1-year high of $12.95.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group raised shares of Grupo Mexico from a “hold” rating to a “buy” rating in a report on Friday, April 10th. Scotiabank reaffirmed a “sector perform” rating on shares of Grupo Mexico in a report on Monday, June 15th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Grupo Mexico has a consensus 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.