Industrias Penoles SAB de CV - Company Profile
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Industrias Penoles SAB de CV (Penoles) carries out the exploration, development, smelting, and refining of non-ferrous metals. Cost efficiency, market leading mining operation and operating performance are key strengths of the company, even as debt remains a cause for concern. Positive outlook for global silver mining activities, increase in gold prices, and increasing mining activities in the US could provide new opportunities to the company. However, operational risks, currency fluctuations, and increase in wages in Mexico could affect the company’s performance.
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