MC

Maxim Power Corp

MXG.TO
TSXUtilities
$4.41
USD
+0.04(+1.03%)
At close: Apr 30, 17:54 UTC
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Open

$4.33

Prev. Close

$4.31

High

$4.34

Low

$4.33

Market Snapshot

Market Cap

$250.95M

P/E Ratio

16.8

EPS

0.22

Revenue

$92.96M

Employees

51

Why MXG.TO moved

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About

Maxim Power Corp. engages in the acquisition, development, ownership, and operation of environmentally responsible power and power related project. The company is headquartered in Calgary, Alberta and currently employs 46 full-time employees. The firm acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. The company also explores additional development options in Alberta, including its permitted gas-fired generation project and the permitting of its wind power generation project. The Combined Cycle Gas Turbine (CCGT) expansion of M2 captures waste heat that would otherwise exhaust into the atmosphere and converts it into low carbon dispatchable electricity for the Alberta power grid. In total, it has about 600 MW of natural gas and wind development projects at various stages. Summit Coal LP is a wholly owned subsidiary of the Company that owns metallurgical coal leases for Mine 14 and Mine 16S located north of Grande Cache, Alberta.

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