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Max Power Mining Corp (TSE:MAXX)
:MAXX
Canadian Market

Max Power Mining Corp (MAXX) AI Stock Analysis

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Max Power Mining Corp

(MAXX)

Rating:41Neutral
Price Target:
Max Power Mining Corp's financial challenges and lack of revenue are significant concerns, weighing heavily on its overall score. Technical indicators suggest a weak market position, and the valuation metrics do not provide an attractive entry point for investors.

Max Power Mining Corp (MAXX) vs. iShares MSCI Canada ETF (EWC)

Max Power Mining Corp Business Overview & Revenue Model

Company DescriptionMAX Power Mining Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company explores for nickel, cobalt, copper, and platinum group elements. It holds an option to acquire a 100% interest in Nicobat Property that consists of 165 non-contiguous claims in six townships covering a total surface area of approximately 22 square kilometers in northern Ontario's Rainy River greenstone belt. MAX Power Mining Corp. was incorporated in 2021 and is based in Vancouver, Canada.
How the Company Makes MoneyMax Power Mining Corp primarily generates revenue through the sale of extracted minerals and metals. The company's key revenue streams include the sale of gold, copper, and other extracted minerals to industrial manufacturers, jewelry producers, and commodity traders. The company also benefits from fluctuations in commodity prices, which can enhance profitability during periods of high demand and limited supply. Strategic partnerships with local governments and international mining firms may further enhance their mining operations and access to new markets, contributing to their earnings. Additionally, MAXX may engage in forward contracts and hedging to manage price volatility and secure future revenues.

Max Power Mining Corp Financial Statement Overview

Summary
Max Power Mining Corp faces significant financial challenges with no revenue generation and consistent losses. The balance sheet is strong due to no debt, but negative cash flows and lack of revenue highlight the need for strategic changes.
Income Statement
25
Negative
Max Power Mining Corp has not generated any revenue, resulting in negative margins across the board. The company has been consistently reporting net losses, and the EBIT and EBITDA remain negative, indicating operating inefficiencies and challenges in achieving profitability.
Balance Sheet
65
Positive
The balance sheet shows a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. The equity ratio remains high, suggesting a stable financial structure. However, the lack of revenue generation poses a risk to long-term sustainability.
Cash Flow
40
Negative
Operating cash flow is negative, reflecting ongoing cash outflows from operations. Free cash flow is also negative, indicating challenges in generating cash from the business. However, the company has managed to secure financing, which has helped maintain liquidity.
Breakdown
TTMDec 2023Dec 2022Dec 2021
Income StatementTotal Revenue
0.000.000.000.00
Gross Profit
0.000.000.000.00
EBIT
-3.98M-5.15M-2.19M-163.00K
EBITDA
-4.87M-57.19K-2.27M11.21K
Net Income Common Stockholders
-4.87M-5.21M-2.27M-163.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
309.16K990.16K4.35M413.11K
Total Assets
9.62M10.75M6.69M499.38K
Total Debt
0.000.000.000.00
Net Debt
-309.16K-990.16K-4.35M-413.11K
Total Liabilities
98.34K400.75K7.63K94.26K
Stockholders Equity
9.52M10.35M6.69M405.12K
Cash FlowFree Cash Flow
-3.46M-3.98M-1.37M-71.89K
Operating Cash Flow
-3.46M-3.98M-1.37M-71.89K
Investing Cash Flow
-61.74K-674.30K0.000.00
Financing Cash Flow
3.05M1.29M5.31M485.00K

Max Power Mining Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.24
Price Trends
50DMA
0.21
Positive
100DMA
0.21
Positive
200DMA
0.24
Negative
Market Momentum
MACD
0.01
Negative
RSI
57.91
Neutral
STOCH
63.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MAXX, the sentiment is Positive. The current price of 0.24 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.21, and below the 200-day MA of 0.24, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.91 is Neutral, neither overbought nor oversold. The STOCH value of 63.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MAXX.

Max Power Mining Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.03B-1.27-21.09%3.98%2.91%-30.50%
45
Neutral
C$14.09M-9.58%1.67%
41
Neutral
C$15.03M-206.02%28.15%
TSBEX
40
Underperform
C$13.98M-34.41%-1080.77%
TSFMC
37
Underperform
C$18.56M-242.26%-57.21%
TSBHS
34
Underperform
C$12.44M-9999.00%-79.49%
$9.83M-23.11%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:MAXX
Max Power Mining Corp
0.24
-0.18
-42.86%
TSE:BEX
Benton Resources
0.07
-0.08
-53.33%
TSE:BHS
Bayhorse Silver
0.04
-0.02
-33.33%
TSE:FMC
Forum Energy Metals Corp
0.06
-0.06
-50.00%
TSE:SEAG.X
Seahawk Ventures
0.38
0.19
100.00%
TIGCF
Triumph Gold
0.19
0.02
11.76%

Max Power Mining Corp Corporate Events

Max Power Mining Unveils Hydrogen Discoveries in Saskatchewan
Dec 24, 2024

Max Power Mining Corp is set to revolutionize the energy sector by identifying significant natural hydrogen deposits in Saskatchewan, with plans to begin drilling in early 2025. Their cutting-edge geochemical surveys have revealed promising hydrogen anomalies, positioning the company as a first-mover in this emerging energy field. This initiative aligns with policy frameworks and offers a low-cost, low-emissions energy alternative in North America.

Max Power Mining Corp’s Bold Hydrogen Exploration Plans
Nov 12, 2024

Max Power Mining Corp is gearing up for an intense end to 2024 with a focus on advancing natural hydrogen exploration in Saskatchewan and Northern Ontario. The company is keen on finalizing strategies and preparing for potential drilling in Saskatchewan, while also planning a reconnaissance program for its claims in Ontario. These initiatives aim to capitalize on natural hydrogen opportunities and build shareholder value.

MAX Power Mining Appoints New CEO for Strategic Growth
Nov 7, 2024

MAX Power Mining Corp has appointed Mansoor Jan as its new CEO to steer the company towards a promising future in the Natural Hydrogen market in Saskatchewan. This strategic move is part of MAX Power’s realignment to capitalize on emerging opportunities in the sector, building on a solid foundation laid by its former CEO, Rav Mlait. The company aims to leverage Mr. Jan’s extensive experience with BHP and Rio Tinto to achieve global recognition in the Natural Hydrogen industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.