Grupo Simec Files Annual Report for 2024 with SEC

Grupo Simec SA De CV ( (SIM) ) has shared an announcement.

On May 15, 2025, Grupo Simec announced the filing of its Annual Report on Form 20-F for the year ending December 31, 2024, with the U.S. Securities and Exchange Commission. This report, which includes the company’s audited financial statements, is accessible on the SEC’s website and the company’s investor relations page. This filing is a routine disclosure that provides transparency to stakeholders and offers insights into the company’s financial health and operational performance over the past year.

Spark’s Take on SIM Stock

According to Spark, TipRanks’ AI Analyst, SIM is a Outperform.

Grupo Simec SA De CV is fundamentally strong with high profitability and a solid financial position. The stock is technically in a bullish phase and appears undervalued, making it an attractive option for investors. However, the decline in revenue and variable cash flow growth are areas to monitor closely.

To see Spark’s full report on SIM stock, click here.

More about Grupo Simec SA De CV

Grupo Simec is a diversified manufacturer, processor, and distributor of SBQ steel and structural steel products with operations in Mexico and Brazil, and limited operations in the United States. The company is a significant producer of structural and light structural steel products in Mexico, catering to various applications, including automotive parts and non-residential construction.

Average Trading Volume: 2,145

Technical Sentiment Signal: Buy

Current Market Cap: $4.54B

Find detailed analytics on SIM stock on TipRanks’ Stock Analysis page.