Maxim Power (TSE:MXG) Issues Quarterly Earnings Results

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

Maxim Power Stock Down 0.5%

Shares of TSE:MXG traded down C$0.02 during midday trading on Friday, reaching C$4.10. The company had a trading volume of 9,600 shares, compared to its average volume of 9,636. Maxim Power has a 1-year low of C$4.00 and a 1-year high of C$4.92. The stock has a market cap of C$260.63 million, a PE ratio of 19.52, a P/E/G ratio of -4.32 and a beta of 1.06. The company has a quick ratio of 4.35, a current ratio of 2.98 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average price is C$4.27 and its 200 day moving average price is C$4.36.

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.