Maxim Power (TSE:MXG) Announces Earnings Results

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

Maxim Power Price Performance

Shares of Maxim Power stock traded up C$0.12 during mid-day trading on Friday, reaching C$4.56. 1,732 shares of the stock traded hands, compared to its average volume of 9,769. The business has a 50-day moving average of C$4.18 and a 200 day moving average of C$4.30. Maxim Power has a fifty-two week low of C$3.83 and a fifty-two week high of C$4.69. The stock has a market capitalization of C$289.39 million, a PE ratio of 30.40, a PEG ratio of -4.32 and a beta of 0.95. The company has a quick ratio of 4.35, a current ratio of 5.71 and a debt-to-equity ratio of 0.08.

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.