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Methanex ( (TSE:MX) ) just unveiled an announcement.
Methanex Corporation, the world’s largest producer and supplier of methanol, is headquartered in Vancouver and listed on both the Toronto Stock Exchange and the Nasdaq Global Select Market. The company serves global energy and industrial customers, leveraging its scale and international footprint to supply methanol across key markets.
On April 30, 2026, Methanex reported the results of its Annual General Meeting held the same day in Vancouver, where 64,397,180 common shares, or 83.27% of outstanding shares, were represented. Shareholders voted in favour of all business items, re-electing the full slate of director nominees with strong majorities, re-appointing KPMG LLP as auditor, and approving on an advisory basis the company’s executive compensation approach, underscoring broad investor support for the current board, governance, and pay practices.
The most recent analyst rating on (TSE:MX) stock is a Hold with a C$69.00 price target. To see the full list of analyst forecasts on Methanex stock, see the TSE:MX Stock Forecast page.
Spark’s Take on MX Stock
According to Spark, TipRanks’ AI Analyst, MX is a Neutral.
The score is driven primarily by mixed financial performance (strong cash generation but weak/volatile profitability and leverage risk) and strong technical trend/momentum. Earnings call guidance is supportive with expectations for materially stronger Q2 results and continued deleveraging, while valuation is held back by the negative P/E and only modest dividend yield.
To see Spark’s full report on MX stock, click here.
More about Methanex
Methanex Corporation is a Vancouver-based, publicly traded chemicals company and the world’s largest producer and supplier of methanol. Its shares trade on the Toronto Stock Exchange under the symbol MX and on the Nasdaq Global Select Market under the symbol MEOH, reflecting its focus on global methanol markets for energy and industrial applications.
Average Trading Volume: 374,939
Technical Sentiment Signal: Buy
Current Market Cap: C$6.87B
See more insights into MX stock on TipRanks’ Stock Analysis page.