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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Comment by kingscorpionon Aug 11, 2021 9:05pm
98 Views
Post# 33689776

RE:2021 Second Quarter Results

RE:2021 Second Quarter ResultsDespite the lower sales and a loss of $1.5 mil for the quarter the company still believes in strong Q3 and Q4 results. $1.5 mil divided by total shares outstanding at 130 mil = -.01c. So it's not that bad only losing .01c per share when more than 40% of companies have struggled much worse than CVX. They still have cash 21.5 mil which means they have approximately. .17c per share in cash and that's significant. They should however move their butt and start making acquisitions
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