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Cematrix ( (TSE:CEMX) ) has shared an update.
CEMATRIX Corporation announced it has secured $5.4 million in new contract awards, which include significant projects such as lightweight fill applications for a bridge and highway improvement, as well as an underwater dock improvement project. These new contracts reflect the continued confidence of CEMATRIX’s customers in its ability to deliver quality products on time and within budget, indicating a robust sales pipeline and strong bidding activity expected to drive a busy 2025.
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, offering innovative and cost-effective solutions to geotechnical construction challenges. The company’s applications include lightweight engineered fill, MSE & retaining wall fill, and underwater fills, among others. CEMATRIX is an early-stage growth company with significant revenue, positive EBITDA, and a strong operational team.
YTD Price Performance: -36.54%
Average Trading Volume: 162,728
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$24.83M
See more insights into CEMX stock on TipRanks’ Stock Analysis page.