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PyroGenesis Canada (NASDAQ:PYRGF) Shares Down 4.6% - Here's Why

PyroGenesis Canada logo with Industrial Products background

PyroGenesis Canada Inc. (NASDAQ:PYRGF - Get Free Report) shares traded down 4.6% during mid-day trading on Tuesday . The stock traded as low as $0.52 and last traded at $0.53. 46,863 shares traded hands during trading, an increase of 127% from the average session volume of 20,651 shares. The stock had previously closed at $0.56.

PyroGenesis Canada Stock Performance

The company has a market cap of $96.07 million, a price-to-earnings ratio of -8.80 and a beta of 0.84. The firm's 50 day simple moving average is $0.60 and its 200-day simple moving average is $0.55.

PyroGenesis Canada Company Profile

(Get Free Report)

PyroGenesis Canada Inc designs, develops, manufactures, and commercializes plasma processes and solutions worldwide. The company offers DROSRITE, a process for enhancing metal recovery from dross without any hazardous by-products; plasma atomization process that allows produce and sell high purity spherical metal powders; PUREVAP, a process to produce high purity metallurgical and solar grade silicon from quartz; and PUREVAP NSiR, which is designed to transform silicon into spherical silicon nano powders and nanowires for use in lithium-ion batteries.

Further Reading

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