$51.30
+0.75 (+1.48%) ↑
As of Sep 17, 2026, 2:26 AM EDT· Delayed 15 min
$20B
Market Cap
59.7%
Above 52W Low
$32.13
52W Low
27.7%
Below 52W High
$71.00
52W High
52-Week Range
$32.13
52W Low
$71.00
52W High
Holders
1 TRACKED INVESTOR HOLDS IPOAF
Company Details
Industrias Penoles, S.A.B. de C.V. is a silver producer. Its tracked project set includes Fresnillo (JV via subsidiary) in Zacatecas, Mexico. Common shares trade on the BMV as PE&OLES and on the OTC as IPOAF.
CEO
Rafael Rebollar González
HeadquartersMexico City, Mexico
Key Stats
Company Snapshot
Market & Listing
- Primary listing
- BMV (PE&OLES)
- OTC
- IPOAF
- Market Cap Tier
- Major
- P/E (TTM)
- 9.7x
- Gold β
- 1.12OLS vs GLD/SLV · 252 daily sessions · R² reliability
Company & Operations
- Headquarters
- Mexico City, Mexico
- Stage
- Producer
- Commodities
- silver
- Flagship
- Fresnillo (JV via subsidiary) (Zacatecas, Mexico)
- Jurisdictions
- Mexico
Contact & Links
- Website
- Visit
Mine projects and jurisdiction risk
Jurisdiction Risk for Industrias Penoles, S.A.B. de C.V.
Jurisdiction risk tiers based on the Fraser Institute Annual Survey of Mining Companies
IPOAF Project Locations
3 projectsIPOAF Gold Beta
1.12Insider buying
No insider purchases on file.
Industrias Penoles, S.A.B. de C.V.
IPOAFOTC🇲🇽
Gold beta measures how much this stock tends to move for every 1% move in the price of gold.
Gold Beta
1.12x
Amplifies gold moves
R-squared
0.20
Model fit (weak)
Reliability-Adjusted Beta
0.22x
R²-weighted beta
Observation Window
252-DAY
Daily returns
How to read
β > 1.1
amplifies gold moves
β 0.9-1.1
tracks gold
β 0-0.9
dampens gold moves
β < 0
moves inversely
IPOAF's beta of 1.12 means it has historically amplified gold moves.
R-squared of 0.20 indicates a weak relationship. This stock's moves are influenced by factors beyond gold, so treat beta as less predictive.
Methodology: OLS regression of IPOAF returns vs. GLD returns over 252 trading days. Source: Polygon.io price data. Updated daily.
Valuation measures
Trailing ratios from reported financials and cached prices.
| Metric | Current |
|---|---|
| Trailing P/E | 9.70 |
Analyst estimates
Sell-side consensus figures from FMP. Separate from filed company facts above.
Sell-side estimates
Estimates for FY ending Dec 31, 2026 · based on 1 analyst · FMP
Ownership from tracked investor filings and public statements.

