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Grupo Mexico (OTCMKTS:GMBXF) Shares Gap Down - Here's Why

Grupo Mexico logo with Multi-Sector Conglomerates background

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $6.04, but opened at $5.89. Grupo Mexico shares last traded at $5.89, with a volume of 5,595 shares traded.

Wall Street Analyst Weigh In

Separately, Scotiabank raised shares of Grupo Mexico from a "strong sell" rating to a "hold" rating in a report on Monday, March 10th.

Read Our Latest Research Report on Grupo Mexico

Grupo Mexico Price Performance

The business's fifty day simple moving average is $5.51 and its two-hundred day simple moving average is $5.17.

Grupo Mexico Company Profile

(Get Free Report)

Grupo México, SAB. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.

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