Maxim Power (TSE:MXG) Hits New 1-Year High – Still a Buy?

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

Maxim Power Stock Up 2.0 %

The company has a quick ratio of 4.35, a current ratio of 4.44 and a debt-to-equity ratio of 26.05. The business has a 50-day simple moving average of C$4.96 and a 200-day simple moving average of C$4.30. The stock has a market cap of C$307.65 million, a P/E ratio of 13.22, a PEG ratio of -4.32 and a beta of 0.86.

Maxim Power (TSE:MXG) last issued its earnings results on Thursday, November 7th. The company reported C$0.18 EPS for the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. The firm had revenue of C$25.66 million during the quarter. Analysts expect that Maxim Power Corp. will post 0.0712303 EPS for the current year.

About Maxim Power

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.