Maxim Power (TSE:MXG) Sets New 12-Month Low – Should You Sell?

Maxim Power Corp. (TSE:MXG)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$4.03 and last traded at C$4.10, with a volume of 22034 shares changing hands. The stock had previously closed at C$4.19.

Maxim Power Stock Down 1.7%

The firm has a market capitalization of C$261.90 million, a price-to-earnings ratio of 19.62, a P/E/G ratio of -4.32 and a beta of 1.07. The firm has a fifty day moving average price of C$4.31 and a 200 day moving average price of C$4.38. The company has a current ratio of 2.98, a quick ratio of 4.35 and a debt-to-equity ratio of 0.08.

Maxim Power (TSE:MXG) last announced its earnings results on Friday, March 20th. The company reported C$0.04 EPS for the quarter. Maxim Power had a return on equity of 4.02% and a net margin of 16.95%.The company had revenue of C$20.31 million for the quarter. Sell-side analysts anticipate that Maxim Power Corp. will post 0.0712303 EPS for the current fiscal year.

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.