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Maxim Power (TSE:MXG) Sets New 1-Year High - Time to Buy?

Maxim Power logo with Utilities background

Maxim Power Corp. (TSE:MXG - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$6.22 and last traded at C$6.12, with a volume of 12804 shares trading hands. The stock had previously closed at C$5.96.

Maxim Power Stock Performance

The firm has a market cap of C$293.99 million, a price-to-earnings ratio of 12.63, a P/E/G ratio of -4.32 and a beta of 0.86. The firm's 50 day moving average price is C$5.00 and its 200-day moving average price is C$4.31. The company has a debt-to-equity ratio of 26.05, a current ratio of 4.44 and a quick ratio of 4.35.

Maxim Power (TSE:MXG - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.18 earnings per share (EPS) for the quarter. The company had revenue of C$25.66 million for the quarter. Maxim Power had a net margin of 28.02% and a return on equity of 8.83%. On average, analysts anticipate that Maxim Power Corp. will post 0.0712303 earnings per share for the current year.

About Maxim Power

(Get Free Report)

Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada. It operates Milner power plant, a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada.

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