GRUPO MEXICO reduced its risk exposure resulting in an upgrade to Slightly Positive
GRUPO MEXICO (MX), a company active in the Non Ferrous Metals industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as moderately risky. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date February 25, 2022, the closing price was MXN 101.92 and its potential was estimated at MXN 110.79.Grupo Mexico is the parent company of a group involved in the metallurgical mining and freight railway services industries. These companies engage in the exploration, mining and processing of metallic and nonmetallic minerals, the mining of coal and provide multi-use and freight railway services. Co.'s mining operations are contained in a company known as Americas Mining Corporation, which in turn is parent company of Southern Copper Corporation (SCC) and Asarco Inc. (Asarco). SCC is an integrated producer of copper and other minerals, and operates mining, smelting and refining facilities in Peru and Mexico. Asarco is engaged in the exploration, mining and processing of copper.
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