VI

Vitreous Glass Inc

VCI.V
TSXVMaterials
$7.01
USD
-0.40(-5.40%)
At close: Apr 28, 00:00 UTC
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Open

$7.00

Prev. Close

$7.33

High

$7.00

Low

$7.00

Market Snapshot

Market Cap

$32.95M

P/E Ratio

12.3

EPS

0.57

Revenue

$15.25M

Why VCI.V moved

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About

Vitreous Glass, Inc. engages in the provision of fiber glass manufacturing. The company is headquartered in Airdrie, Alberta. The firm cleans, crushes and sells waste glass to the fiberglass manufacturing industry in the province of Alberta. The firm creates GlasSand cullet for use in fiberglass insulation manufacturing. The company operates a waste glass processing plant at Airdrie, Alberta. The plant gathers post-consumer waste glass from Alberta and elsewhere in western Canada, crushes it, removes contaminants, and sells the final product to three manufacturers of fiberglass building insulation for use as a raw material in their production facilities in Alberta. All production from the Company’s Alberta glass plant is sold to two large customers and one smaller one in the fiberglass insulation manufacturing industry in Alberta, which is heavily dependent on the level of housing starts in Western Canada and the Northwest United States. The company ships products to its customers based on the customer’s day-to-day consumption estimates.

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