Scotiabank Weighs in on Grupo Mexico FY2026 Earnings

Grupo Mexico, S.A.B. de C.V. (OTCMKTS:GMBXF) – Research analysts at Scotiabank issued their FY2026 EPS estimates for Grupo Mexico in a research note issued to investors on Tuesday, October 13th. Scotiabank analyst A. Salazar anticipates that the company will post earnings of $0.91 per share for the year. The consensus estimate for Grupo Mexico’s current full-year earnings is $0.93 per share. Scotiabank also issued estimates for Grupo Mexico’s FY2027 earnings at $0.98 EPS.

Separately, Zacks Research raised shares of Grupo Mexico from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Grupo Mexico has an average rating of “Moderate Buy”.

Grupo Mexico Stock Down 0.0%

GMBXF stock opened at $13.07 on Friday. The company has a 50-day simple moving average of $13.07 and a 200 day simple moving average of $12.26. Grupo Mexico has a fifty-two week low of $7.71 and a fifty-two week high of $14.29.

Grupo Mexico Company Profile

Grupo México is a diversified Mexican company with core operations in mining, transportation and infrastructure. Its mining business is conducted primarily through Southern Copper Corporation, a major integrated copper producer with mining, smelting and refining activities in Mexico and Peru. The company produces copper and also recovers byproducts such as molybdenum, zinc, silver and sulfuric acid.

Grupo México’s principal mining assets include the Buenavista del Cobre operation in Sonora, Mexico, and the Cuajone and Toquepala mines in Peru.