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Maxim Power Corp. Announces 2025 Fourth Quarter Financial and Operating Results
- Maxim Power Corp. filed an insurance claim for delays caused by a non-injury fire at its M2 combined cycle gas turbine project, but the insurer denied the claim, leading Maxim to dispute this through arbitration, with the disputed amount rising from $25 million to $32 million,,.
- On November 24, 2025, Maxim settled part of its compensation claim with some third parties related to the September 30, 2022 fire that damaged the M2 air inlet filter house.
- Maxim is still pursuing claims against other third parties and believes that the total insurance coverage available matches the recent settlement amount.
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Maxim Power (TSE:MXG) Share Price Crosses Above 50 Day Moving Average – Time to Sell?
Maxim Power Corp. (TSE:MXG – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$4.44 and traded as high as C$4.50. Maxim Power shares last traded at C$4.50, with a volume of 4,108 shares changing hands. Maxim Power Trading Down […]
Coverage Details
Total News Sources12
Leaning Left7Leaning Right2Center1Last UpdatedBias Distribution70% Left
Bias Distribution
- 70% of the sources lean Left
70% Left
L 70%
R 20%
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