Maxim Power (TSE:MXG) Issues Quarterly Earnings Results

Maxim Power (TSE:MXG) released its quarterly earnings results on Thursday. The company reported C$0.02 EPS for the quarter, FiscalAI reports. The company had revenue of C$21.91 million for the quarter. Maxim Power had a return on equity of 2.95% and a net margin of 13.58%.

Maxim Power Stock Performance

Shares of Maxim Power stock traded down C$0.08 during trading on Thursday, reaching C$4.44. The company’s stock had a trading volume of 5,414 shares, compared to its average volume of 9,807. The company has a 50-day moving average price of C$4.17 and a two-hundred day moving average price of C$4.30. Maxim Power has a fifty-two week low of C$3.83 and a fifty-two week high of C$4.74. The firm has a market cap of C$281.78 million, a PE ratio of 29.60, a P/E/G ratio of -4.32 and a beta of 0.95. The company has a current ratio of 5.71, a quick ratio of 4.35 and a debt-to-equity ratio of 0.08.

Maxim Power Company Profile

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.