Maxim Power (TSE:MXG) Announces Earnings Results

Maxim Power (TSE:MXG) released its earnings results on Thursday. The company reported C($0.05) EPS for the quarter, FiscalAI reports. Maxim Power had a net margin of 16.95% and a return on equity of 4.02%. The firm had revenue of C$16.06 million during the quarter.

Maxim Power Stock Down 0.5%

Shares of TSE MXG traded down C$0.02 during midday trading on Thursday, reaching C$4.12. The company’s stock had a trading volume of 5,153 shares, compared to its average volume of 9,637. The company has a current ratio of 2.98, a quick ratio of 4.35 and a debt-to-equity ratio of 0.08. Maxim Power has a fifty-two week low of C$4.00 and a fifty-two week high of C$4.92. The stock has a market capitalization of C$261.90 million, a price-to-earnings ratio of 19.62, a PEG ratio of -4.32 and a beta of 1.06. The stock has a 50 day simple moving average of C$4.28 and a 200-day simple moving average of C$4.36.

About Maxim Power

Based in Calgary, Alberta, Maxim Power Corp. (‘MAXIM’) is one of Canada’s largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset – the 300 MW H.R. Milner Plant, M2, in Grande Cache, AB – is a state-of-the-art combined cycle gas-fired power plant that commissioned in Q4, 2023. MAXIM continues to explore additional development options in Alberta including its currently permitted gas-fired generation projects and the permitting of its wind power generation project.