Maxim Power (TSE:MXG) Shares Cross Above 50 Day Moving Average – What’s Next?

Maxim Power Corp. (TSE:MXGGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$4.56 and traded as high as C$4.61. Maxim Power shares last traded at C$4.53, with a volume of 8,367 shares changing hands.

Maxim Power Trading Down 1.9%

The company has a current ratio of 5.00, a quick ratio of 4.35 and a debt-to-equity ratio of 25.03. The stock has a market capitalization of C$288.34 million, a P/E ratio of 19.70, a P/E/G ratio of -4.32 and a beta of 1.24. The business’s fifty day simple moving average is C$4.56 and its two-hundred day simple moving average is C$4.46.

About Maxim Power

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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.

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