PyroGenesis Canada (NASDAQ:PYRGF) Stock Price Up 16.1% – What’s Next?

PyroGenesis Canada Inc. (NASDAQ:PYRGF) shares rose 16.1% during trading on Thursday . The company traded as high as $0.2478 and last traded at $0.22. Approximately 158,819 shares changed hands during mid-day trading, an increase of 265% from the average daily volume of 43,534 shares. The stock had previously closed at $0.1895.

PyroGenesis Canada Stock Performance

The company has a market capitalization of $49.80 million, a P/E ratio of -4.10 and a beta of 0.71. The stock’s fifty day moving average price is $0.21 and its 200-day moving average price is $0.20.

About PyroGenesis Canada

PyroGenesis Canada Inc (NASDAQ:PYRGF) is a Montreal‐based high‐technology company specializing in the design, development, and manufacturing of advanced plasma processes and equipment. Leveraging proprietary plasma torches and plasma gasification systems, the company delivers solutions for the production of specialty metal powders, the destruction and recycling of waste streams, and industrial water treatment. PyroGenesis combines engineering expertise with patented plasma technology to serve environmentally driven industries seeking high‐efficiency, low‐emission processes.

The company’s core offerings include plasma atomization systems for producing high‐purity metal powders used in additive manufacturing, plasma waste‐to‐energy units for safe destruction of hazardous and medical wastes, and plasma‐based water treatment modules capable of removing persistent contaminants.