UBS Group lowered shares of Grupo Mexico (OTCMKTS:GMBXF) from a buy rating to a neutral rating in a research note released on Thursday morning, The Fly reports.
Separately, Citigroup raised Grupo Mexico from a neutral rating to a buy rating in a research report on Tuesday, February 19th.
Shares of GMBXF traded up $0.08 during mid-day trading on Thursday, reaching $2.85. The company had a trading volume of 40,500 shares, compared to its average volume of 14,609. Grupo Mexico has a 52 week low of $1.87 and a 52 week high of $3.15.
Grupo México, SAB. de C.V. engages in the copper production, rail transportation, and infrastructure businesses worldwide. The company's Mining division is involved in the exploration, exploitation, and obtaining of minerals, metals, and other byproducts, including copper, silver, molybdenum, zinc, sulfuric acid, gold, selenium, and lead.
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