PyroGenesis Canada (NASDAQ:PYRGF) Shares Up 2.9% – Here’s What Happened

PyroGenesis Canada Inc. (NASDAQ:PYRGFGet Free Report) shot up 2.9% during trading on Monday . The stock traded as high as $0.44 and last traded at $0.43. 20,035 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 11,655 shares. The stock had previously closed at $0.42.

PyroGenesis Canada Stock Performance

The company’s fifty day moving average price is $0.41 and its 200 day moving average price is $0.50. The firm has a market capitalization of $79.55 million, a price-to-earnings ratio of -7.20 and a beta of 0.78.

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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