Maxim Power (TSE:MXG) Insider Sells C$13,746.00 in Stock

Maxim Power Corp. (TSE:MXG) insider Robert Bruce Watson sold 3,160 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of C$4.35, for a total transaction of C$13,746.00. Following the transaction, the insider directly owned 13,218 shares of the company’s stock, valued at C$57,498.30. The trade was a 19.29% decrease in their ownership of the stock.

Robert Bruce Watson also recently made the following trade(s):

• On Wednesday, April 15th, Robert Bruce Watson sold 300 shares of Maxim Power stock. The shares were sold at an average price of C$4.40, for a total transaction of C$1,320.00.
• On Wednesday, April 15th, Robert Bruce Watson sold 2,600 shares of Maxim Power stock. The shares were sold at an average price of C$4.35, for a total value of C$11,310.00.
• On Wednesday, April 15th, Robert Bruce Watson sold 1,400 shares of Maxim Power stock. The stock was sold at an average price of C$4.31, for a total value of C$6,034.00.

Maxim Power Price Performance

Shares of MXG stock opened at C$4.45 on Monday. Maxim Power Corp. has a 12-month low of C$3.68 and a 12-month high of C$4.92. The firm has a market capitalization of C$282.98 million, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of -4.32 and a beta of 1.13. The business has a 50 day simple moving average of C$4.42 and a 200 day simple moving average of C$4.45.

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.