Cematrix ( (TSE:CEMX) ) has provided an update.
CEMATRIX Corporation announced it has secured $9.7 million in new contract awards, including significant projects for tunnel grouting and light rail transit extension. These contracts underscore the company’s reputation for delivering quality solutions and strengthen its position as a leading provider of cellular concrete in North America. The new awards mark a strong start to the year, indicating continued confidence from customers and setting the stage for future growth.
More about Cematrix
CEMATRIX Corporation is a specialty construction contractor that produces cellular concrete solutions on site. It is a leading manufacturer and supplier of cellular concrete in North America, providing innovative and cost-effective solutions for geotechnical construction challenges. The company’s applications include lightweight engineered fill, tunnel grouting, and insulating road subbases, among others. CEMATRIX operates through its subsidiaries in Canada and the USA, maintaining a strong financial position with positive revenue and cash flow.
YTD Price Performance: -28.85%
Average Trading Volume: 206,365
Technical Sentiment Signal: Buy
Current Market Cap: C$30.09M
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