PyroGenesis Canada (NASDAQ:PYRGF) Trading Up 2.2% – Should You Buy?

PyroGenesis Canada Inc. (NASDAQ:PYRGFGet Free Report)’s share price rose 2.2% during trading on Thursday . The stock traded as high as $0.46 and last traded at $0.45. Approximately 9,061 shares were traded during trading, a decline of 56% from the average daily volume of 20,740 shares. The stock had previously closed at $0.44.

PyroGenesis Canada Stock Performance

The business has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.56. The firm has a market capitalization of $82.91 million, a P/E ratio of -7.51 and a beta of 0.76.

PyroGenesis Canada Company Profile

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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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