Maxim Power (TSE:MXG) Insider Robert Bruce Watson Sells 3,160 Shares of Stock

Maxim Power Corp. (TSE:MXG) insider Robert Bruce Watson sold 3,160 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider directly owned 13,218 shares of the company’s stock, valued at C$57,498.30. This trade 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 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 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 Trading Up 0.7%

Shares of MXG stock opened at C$4.45 on Friday. Maxim Power Corp. has a 12-month low of C$3.68 and a 12-month high of C$4.92. The firm’s 50 day moving average is C$4.42 and its 200 day moving average is C$4.45. The stock has a market capitalization of C$282.98 million, a P/E ratio of 17.12, a P/E/G ratio of -4.32 and a beta of 1.13.

About Maxim Power

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.