Maxim Power (TSE:MXG) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Maxim Power Corp. (TSE:MXG)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.43 and traded as high as C$4.50. Maxim Power shares last traded at C$4.43, with a volume of 10,967 shares changing hands.

Maxim Power Stock Down 0.4%

The company has a debt-to-equity ratio of 25.03, a current ratio of 5.00 and a quick ratio of 4.35. The business has a 50-day moving average of C$4.43 and a 200 day moving average of C$4.48. The company has a market capitalization of C$281.93 million, a PE ratio of 22.15, a P/E/G ratio of -4.32 and a beta of 1.14.

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.