Key Points
- Insider selling: Robert Bruce Watson sold a total of 7,460 Maxim Power shares on April 15–16, producing roughly C$32,410 in proceeds (including 3,160 shares sold April 16 at C$4.35).
- After the transactions Watson retains 13,218 shares valued at C$57,498.30, reflecting a 19.29% reduction in his position.
- Maxim Power (TSE:MXG) opened at C$4.45, has a market cap of C$282.98M, a P/E of 17.12, and a one‑year trading range of C$3.68–C$4.92.
Maxim Power Corp. (TSE:MXG - Get Free Report) insider Robert Bruce Watson sold 3,160 shares of the firm's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of C$4.35, for a total transaction of C$13,746.00. Following the completion of the sale, the insider owned 13,218 shares in the company, valued at C$57,498.30. This represents a 19.29% decrease in their position.
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 stock was 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 stock was sold at an average price of C$4.35, for a total transaction 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 transaction of C$6,034.00.
Maxim Power Price Performance
Shares of Maxim Power stock opened at C$4.45 on Friday. The company's fifty day simple moving average is C$4.42 and its 200-day simple moving average is C$4.45. The stock has a market capitalization of C$282.98 million, a PE ratio of 17.12, a P/E/G ratio of -4.32 and a beta of 1.13. Maxim Power Corp. has a 1-year low of C$3.68 and a 1-year high of C$4.92.
About Maxim Power
(
Get Free Report)
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.
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