MAXIM POWER CORP. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.30
Dividend & YieldN/AC$ (N/A)
Beta 0.79
Market capitalization 176.15M
Operating cash flow 68.15M
ESG Scores unknown

Company description

Maxim Power Corp., an independent power producer, engages in the development, ownership, and operation of power generation facilities in Canada. Its core asset is Milner 2 power plant, a 204 megawatt natural gas-fired turbine generator located in Grande Cache, Alberta. Maxim Power Corp. is headquartered in Calgary, Canada.

Sector: Utilities - Industry: Utilities—Independent Power Producers

Financial Ratios
Quick Ratio1.84
Working Capital4.73
Return On Equity0.35
Debt To Equity0.24
Fixed Asset Ratio-0.14
Fixed Interest Cover8.53

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -499k 5.71M -5.69M 3.81M
Total Cashflows From Investing Activities -12.63M -50.17M -25.89M -85.31M
Net Borrowings 52.83M 52.83M 14.01M -10.75M
Total Cash From Financing Activities -4.98M 43.39M 10.35M -18.6M
Change To Operating Activities -358k -550k -360k 134k
Issuance Of Stock 363k 363k 363k 363k
Net Income 4.38M -5.85M 9.26M 78.51M
Change In Cash -29.02M -1.32M -8.66M 1.29M
Effect Of Exchange Rate -33k -33k -88k -15k
Total Cash From Operating Activities -11.41M 5.49M 6.96M 105.22M
Depreciation 6.05M 2.91M 5.53M 8.03M
Change To Account Receivables -4.09M 2.2M -2.89M -13.81M
Other Cashflows From Financing Activities -143k -5.65M -2.83M -8.18M
Change To Netincome -16.9M 739k -834k 26.85M
Capital Expenditures -25.16M -104.55M -20.18M -88.58M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -10.87M -4.65M 2.8M 98.15M
Net Income 4.38M -5.85M 9.26M 78.51M
Selling General Administrative 4.1M 3.73M 4.08M 5.14M
Gross Profit -2.08M -751k 11.71M 85.97M
Ebit -11.98M -4.5M 1.78M 62.32M
Operating Income -11.98M -4.5M 1.78M 62.32M
Interest Expense -143k -489k -5.56M -7.3M
Income Tax Expense -15.25M 1.2M -6.46M 19.64M
Total Revenue 19.74M 28.34M 46.73M 156.01M
Cost Of Revenue 21.82M 29.09M 35.01M 70.04M
Total Other Income ExpenseNet 1.11M -152k 1.02M 35.83M
Net Income From Continuing Ops 4.38M -5.85M 9.26M 78.51M
Net Income Applicable To Common Shares 4.38M -5.85M 9.26M 78.51M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 23.65M 86.04M 91.4M 85.25M
Total Stockholder Equity 148.54M 139.23M 147.91M 227.18M
Other Current Liabilities 4.42M 5.96M 920k
Total Assets 172.19M 225.27M 239.31M 312.44M
Common Stock 151.43M 144.77M 143.58M 144.11M
Other Current Assets 708k
Retained Earnings -14.73M -17.71M -8.11M 70.4M
Treasury Stock
Cash 22.25M 20.92M 12.26M 13.55M
Total Current Liabilities 6.67M 24.22M 15.09M 19.67M
Other Stockholder Equity
Property, Plant, and Equipment 71.88M 170.32M 183.94M 260.59M
Total Current Assets 70.54M 26.02M 20.6M 36.28M
Net Tangible Assets 148.48M 139.23M 147.91M 227.18M
Net Receivables 6.26M 4.06M 6.95M 20.77M
Accounts Payable 1.49M 6.84M 2.69M 8.3M


Insider Transactions

Here are the insider transactions of stock shares related to MAXIM POWER CORP.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.03 per share.I2022-09-29Issuer4.37k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.05 per share.I2022-09-28Issuer600
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.00 per share.I2022-09-27Issuer4.37k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.06 per share.I2022-09-26Issuer4.37k
Dyck (Kevin Gregory)Exercise of options at price 1.60 per share.I2022-09-22Senior Officer of Issuer7.32k
Watson (Robert Bruce)Exercise of options at price 1.06 per share.I2022-09-22Senior Officer of Issuer13.54k
Emmott, RobertExercise of options at price 1.60 per share.I2022-09-14Senior Officer of Issuer60.92k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.18 per share.I2022-09-14Issuer2.4k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.11 per share.I2022-09-13Issuer700
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.11 per share.I2022-09-13Issuer2.4k
Mitton (Kyle Rodney)Exercise of options at price 1.90 per share.I2022-09-13Senior Officer of Issuer41.67k
Maxim Power CorpI2022-09-08Issuer34.96k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.00 per share.I2022-09-06Issuer200
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.97 per share.I2022-09-02Issuer4.37k
Mitton (Kyle Rodney)Exercise of options at price 1.22 per share.I2022-09-02Senior Officer of Issuer13.33k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.90 per share.I2022-09-01Issuer2k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.95 per share.I2022-08-31Issuer3.8k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.91 per share.I2022-08-30Issuer4.37k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.82 per share.I2022-08-29Issuer4.37k
Mitton (Kyle Rodney)Acquisition or disposition in the public market at price 2.81 per share.I2022-08-29Senior Officer of Issuer5.4k
Dyck (Kevin Gregory)Exercise of options at price 1.53 per share.I2022-08-26Senior Officer of Issuer5.55k
Karran, Kimberly LornaExercise of options at price 1.23 per share.I2022-08-26Senior Officer of Issuer30.51k
Watson (Robert Bruce)Exercise of options at price 1.23 per share.I2022-08-26Senior Officer of Issuer11.54k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.03 per share.I2022-08-23Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.98 per share.I2022-08-22Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 3.04 per share.I2022-08-19Issuer800
Auch (Wiley Darren)Exercise of options at price 1.24 per share.I2022-08-18Director of Issuer16.67k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.97 per share.I2022-08-18Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.92 per share.I2022-08-17Issuer3.6k
Maxim Power CorpI2022-08-10Issuer30.34k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.80 per share.I2022-08-08Issuer200
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.74 per share.I2022-08-04Issuer2.7k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.66 per share.I2022-08-03Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.68 per share.I2022-08-02Issuer700
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.57 per share.I2022-07-29Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.54 per share.I2022-07-28Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.54 per share.I2022-07-27Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.57 per share.I2022-07-25Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.54 per share.I2022-07-22Issuer1.5k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.60 per share.I2022-07-21Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.55 per share.I2022-07-20Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.57 per share.I2022-07-19Issuer3.6k
Maxim Power CorpRedemption, retraction, cancelation, repurchase at price 2.55 per share.I2022-07-18Issuer3.6k
Mitton (Kyle Rodney)Acquisition or disposition in the public market at price 2.55 per share.I2022-07-18Senior Officer of Issuer2.95k
Auch (Wiley Darren)Acquisition or disposition in the public market at price 2.92 per share.I2022-05-30Director of Issuer1k
Auch (Wiley Darren)Acquisition or disposition in the public market at price 2.97 per share.I2022-05-27Director of Issuer100
Karran, Kimberly LornaAcquisition or disposition in the public market at price 2.95 per share.I2022-05-27Senior Officer of Issuer2k
Auch (Wiley Darren)Acquisition or disposition in the public market at price 2.87 per share.I2022-05-25Director of Issuer3.5k
Karran, Kimberly LornaAcquisition or disposition in the public market at price 2.88 per share.I2022-05-25Senior Officer of Issuer2k
Auch (Wiley Darren)Acquisition or disposition in the public market at price 2.85 per share.I2022-05-24Director of Issuer500
Karran, Kimberly LornaAcquisition or disposition in the public market at price 2.85 per share.I2022-05-24Senior Officer of Issuer2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MAXIM POWER CORP.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MAXIM POWER CORP.

Here is the result of two systematic investment strategies applied to MAXIM POWER CORP.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MAXIM POWER CORP.

The following chart shows the equity curve of the two systematic investment strategies applied to MAXIM POWER CORP.:

MAXIM POWER CORP. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 54.25% on the backtest period.

Performance at glance

Performance

54.25 %

Latent gain

813.85 C$

Invested capital

1500.25 C$

Annualized return

11.95 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on MAXIM POWER CORP.

This is the result of two momentum investment strategies applied to MAXIM POWER CORP.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MAXIM POWER CORP.

The following chart shows all the entries opened by the momentum investment system on MAXIM POWER CORP.:

MAXIM POWER CORP. momentum entries
  • The first momentum investment strategy would give 57.76% of return on MAXIM POWER CORP.. That represents 3755.05C$ of latent gain with 6501.45C$ of employed capital.
  • The second momentum investment strategy would give 81.16% of return on MAXIM POWER CORP.. That represents 3048.03C$ of latent gain with 3755.57C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

57.76 %

Latent gain

3755.05 C$

Invested capital

6501.45 C$

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

81.16 %

Latent gain

3048.03 C$

Invested capital

3755.57 C$

Annualized return

19.99 %

Momentum equity curve on MAXIM POWER CORP.

The following chart shows the equity curve of the two momentum strategies applied to MAXIM POWER CORP.:

MAXIM POWER CORP. momentum equity

Note: the dividends potentially given by MAXIM POWER CORP. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAXIM POWER CORP.

The following chart shows the employed capital evolution of the two momentum strategies on MAXIM POWER CORP. since the beginning:

MAXIM POWER CORP.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on MAXIM POWER CORP.

Buy the dip entry openings on MAXIM POWER CORP.

MAXIM POWER CORP.

The performance achieved by the robo-advisor on MAXIM POWER CORP. is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows MAXIM POWER CORP. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MAXIM POWER CORP., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

0.0 %

Equity curve of the strategy applied to MAXIM POWER CORP.

The following chart shows the result of the investment strategy applied to MAXIM POWER CORP.:

MAXIM POWER CORP.

Note: the dividends potentially given by MAXIM POWER CORP. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAXIM POWER CORP.

The following chart shows the employed capital evolution since the beginning of the investment strategy on MAXIM POWER CORP.:

MAXIM POWER CORP.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MAXIM POWER CORP.

In this section, I will compare the three previous investment strategies applied to MAXIM POWER CORP..

Equity curve comparison on MAXIM POWER CORP.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MAXIM POWER CORP. investment strategy comparison

Employed capital comparison on MAXIM POWER CORP.

MAXIM POWER CORP. investment comparison

Performance comparison on MAXIM POWER CORP.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 54.25% 813.85C$ 1500.25C$ 11.95%
Momentum 1 quarter 57.76% 3755.05C$ 6501.45C$ 13.43%
Momentum 2 quarters 81.16% 3048.03C$ 3755.57C$ 19.99%
Non-directional 0% 0.0C$ 0.0C$ 0.0%
Annualized return comparison

Automatic investment

11.95 %

Momentum 1Q

19.99 %

Momentum 2Q

19.99 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MAXIM POWER CORP.:

Positive correlations

Most correlated stocks this year

  • MAXIM POWER CORP.

  • Most correlated stocks last 3 months

  • New York Times Co. - Class A
  • TAL Education Group
  • JNBY
  • MAXIM POWER CORP.

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • DONTNOD

  • Note: The algorithm computes the probability of correlation between MAXIM POWER CORP. and the other stocks. There may be false positives or some missing correlated stocks. If the price of MAXIM POWER CORP. does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name MAXIM POWER CORP.
    Country Canada
    City Calgary
    Address 715-5th Avenue SW
    Phone
    Website maximpowercorp.com
    FullTime employees 34
    Industry Utilities—Independent Power Producers
    Sector Utilities
    Exchange XTSE
    Ticker MXG.XTSE
    Market

    MAXIM POWER CORP. ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown