Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF - Free Report) - Investment analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Grupo Mexico in a research note issued on Thursday, April 23rd. Scotiabank analyst A. Salazar now expects that the company will earn $0.72 per share for the year, down from their previous forecast of $0.76. The consensus estimate for Grupo Mexico's current full-year earnings is $0.59 per share. Scotiabank also issued estimates for Grupo Mexico's FY2027 earnings at $0.66 EPS.
Separately, The Goldman Sachs Group raised Grupo Mexico from a "hold" rating to a "buy" rating in a research report on Friday, April 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Grupo Mexico currently has an average rating of "Moderate Buy".
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Grupo Mexico Stock Performance
Shares of Grupo Mexico stock opened at $11.32 on Tuesday. The business has a fifty day simple moving average of $11.36 and a 200-day simple moving average of $10.23. Grupo Mexico has a fifty-two week low of $4.92 and a fifty-two week high of $12.76.
Grupo Mexico Company Profile
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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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