PyroGenesis Canada (NASDAQ:PYRGF) Stock Price Up 1.4% – Here’s Why

Shares of PyroGenesis Canada Inc. (NASDAQ:PYRGFGet Free Report) shot up 1.4% on Wednesday . The stock traded as high as $0.33 and last traded at $0.32. 6,456 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 12,654 shares. The stock had previously closed at $0.31.

PyroGenesis Canada Price Performance

The business’s 50-day moving average price is $0.38 and its 200-day moving average price is $0.44. The firm has a market capitalization of $59.55 million, a PE ratio of -5.32 and a beta of 0.78.

About PyroGenesis Canada

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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.

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