PyroGenesis Canada (NASDAQ:PYRGF) Trading Up 6.1% – Still a Buy?

PyroGenesis Canada Inc. (NASDAQ:PYRGFGet Free Report) shares were up 6.1% during mid-day trading on Wednesday . The company traded as high as $0.20 and last traded at $0.20. Approximately 2,835 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 14,474 shares. The stock had previously closed at $0.19.

PyroGenesis Canada Stock Performance

The firm has a market capitalization of $38.41 million, a price-to-earnings ratio of -3.41 and a beta of 0.81. The business has a 50 day simple moving average of $0.25 and a 200-day simple moving average of $0.32.

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.

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