Grupo México, S.A.B. de C.V. (GMBXF)

OTCMKTS · Delayed Price · Currency is USD
12.03
+0.23 (1.95%)
At close: May 8, 2026
Market Cap93.13B +130.5%
Revenue (ttm)19.55B +18.0%
Net Income5.66B +50.0%
EPS0.73 +50.8%
Shares Outn/a
PE Ratio16.44
Forward PE15.56
Dividendn/a
Ex-Dividend Daten/a
Volume7,548
Average Volume35,221
Open12.10
Previous Close11.80
Day's Range11.94 - 12.25
52-Week Range4.95 - 12.76
Beta1.05
RSI60.15
Earnings DateJul 24, 2026

About Grupo México

Grupo México, S.A.B. de C.V. produces copper worldwide. It operates through Mining, Transportation, and Infrastructure divisions. The Mining division is involved in the operation of underground and open pit mines, smelters, refineries, and other plants. This division also provides copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium products. The Transportation division offers general and intermodal freight services by rail, passenger services, as well as auxiliary management services for terminals and intra-terminal hauls; and g... [Read more]

Sector Materials
Founded 1890
Employees 31,757
Stock Exchange OTCMKTS
Ticker Symbol GMBXF

Financial Performance

In 2025, Grupo México's revenue was $18.18 billion, an increase of 12.41% compared to the previous year's $16.17 billion. Earnings were $4.92 billion, an increase of 36.16%.

Financial Statements

News

Grupo Mexico upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Grupo Mexico (GMBXF) to Buy from Neutral with a price target of MXN 228, up from MXN 188. The firm views the shares as a cheaper option

4 weeks ago - TheFly

Grupo Mexico price target raised to MXN 214 from MXN 203 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Grupo Mexico (GMBXF) to MXN 214 from MXN 203 and keeps an Equal Weight rating on the shares as part of a

4 weeks ago - TheFly

Grupo Mexico downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Rodolfo Angele downgraded Grupo Mexico (GMBXF) to Neutral from Overweight with a price target of MXN 175, down from MXN 178. The firm cites valuation for the downgrade

3 months ago - TheFly

Grupo Mexico price target raised to MXN 178 from MXN 150 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Grupo Mexico (GMBXF) to MXN 178 from MXN 150 and keeps an Equal Weight rating on the shares. The firm sees more

5 months ago - TheFly

Grupo Mexico price target raised to MXN 158 from MXN 131 at HSBC

HSBC raised the firm’s price target on Grupo Mexico (GMBXF) to MXN 158 from MXN 131 and keeps a Hold rating on the shares. The firm says precious metal prices

7 months ago - TheFly

Grupo Mexico upgraded to Equal Weight from Underweight at Morgan Stanley

Morgan Stanley upgraded Grupo Mexico (GMBXF) to Equal Weight from Underweight with a MXN 150 price target

7 months ago - TheFly

Citi rejects Grupo Mexico offer to acquire Banamex

Citi (C) said it has rejected an offer from Grupo Mexico (GMBXF) to acquire Grupo Financiero Banamex. “After careful consideration of the proposal, including but not limited to financial consideration...

C
7 months ago - TheFly

Citi rejects Grupo Mexico bid for Banamex unit

Citigroup on Thursday rejected Mexican mining and transport conglomerate Grupo Mexico's bid for its retail unit in the country, known as Banamex.

C
7 months ago - Reuters

Grupo Mexico backs down from bidding war for Banamex

Grupo Mexico will not enter a bidding war for Citi's retail unit in the country, known as Banamex, as its offer already places the lender at a higher value than a previously accepted competing bid, th...

7 months ago - Reuters

Grupo Mexico downgraded to Hold at Jefferies on valuation discount

As previously reported, Jefferies analyst Alejandro Anibal Demichelis downgraded Grupo Mexico (GMBXF) to Hold from Buy with a price target of MXN 165, up from MXN 145. Reflecting the firm’s

7 months ago - TheFly

Grupo Mexico downgraded to Hold from Buy at HSBC

HSBC downgraded Grupo Mexico (GMBXF) to Hold from Buy with a MXN 131 price target

7 months ago - TheFly

Grupo Mexico downgraded to Hold from Buy at Jefferies

Jefferies downgraded Grupo Mexico (GMBXF) to Hold from Buy with a price target of MXN 165, up from MXN 145.

7 months ago - TheFly

Grupo Mexico downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs downgraded Grupo Mexico (GMBXF) to Neutral from Buy with a MXN 130 price target The firm sees the Tia Maria project delay weighing on the company’s earnings in

8 months ago - TheFly

Grupo Mexico upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley upgraded Grupo Mexico (GMBXF) to Overweight from Equal Weight with a price target of MXN 140, up from MXN 105. The firm says Grupo Mexico is now the

10 months ago - TheFly

Grupo Mexico reports 17% rise in Q1 net income on higher metal prices, cost efficiency

Grupo Mexico, South America's biggest mining and transport conglomerate, posted a 17% increase in first-quarter net profit on Friday, supported by higher copper and silver prices and lower production ...

1 year ago - Invezz

Grupo Mexico upgraded to Sector Perform from Underperform at Scotiabank

Scotiabank upgraded Grupo Mexico (GMBXF) to Sector Perform from Underperform with a price target of MXN 112, up from MXN 87. The firm now uses a premium valuation multiple for

1 year ago - TheFly

Grupo Mexico price target raised to MXN 120 from MXN 118 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Grupo Mexico (GMBXF) to MXN 120 from MXN 118 and keeps an Equal Weight rating on the shares. The firm says decelerating

1 year ago - TheFly

Grupo Mexico upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Rodolfo Angele upgraded Grupo Mexico (GMBXF) to Overweight from Neutral with a price target of MXN 137, up from MXN 104. The firm added Tia Maria into its

1 year ago - TheFly

Mexico, Grupo Mexico reach deal over occupation of railway line

Mexico and conglomerate Grupo Mexico have reached an agreement over the government's occupation of a railway line operated by a unit of the firm, two sources familiar with the matter told Reuters on W...

3 years ago - Reuters

Govt compensation to Grupo Mexico over railway won't include cash - president

Mexican President Andres Manuel Lopez Obrador said Wednesday his government aims to reach an agreement with company Grupo Mexico over the railway it partially took over last week.

3 years ago - Reuters

Shares of Grupo Mexico Transportes fall after Mexico takes over part of railway

Shares of Grupo Mexico Transportes, a unit of mining and infrastructure company Grupo Mexico, were down more than 3.5% on Monday, after the Mexican Navy on Friday took over part of a railway it operat...

3 years ago - Reuters

Grupo Mexico says negotiations with government more difficult after railway expropriation

Grupo Mexico said on Sunday its negotiations with the government are facing difficulties after the Mexican Navy took over part of a railway in southern Mexico operated by a unit of the company last we...

3 years ago - Reuters

Mexico takes over part of Grupo Mexico railway, shares fall

The Mexican Navy on Friday took over a section of railway in southern Mexico operated by a unit of Grupo Mexico , and shares in the mining and infrastructure company fell by more than 4% after the exp...

3 years ago - Reuters

3 railroads team up to better compete with CPKC to serve Mexico

OMAHA, Neb. — Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service to carry shipments across Nor...

3 years ago - Market Watch