PyroGenesis Canada (OTCMKTS:PYRNF) Shares Down 5.3% – Here’s Why

Shares of PyroGenesis Canada Inc. (OTCMKTS:PYRNFGet Free Report) traded down 5.3% during mid-day trading on Wednesday . The stock traded as low as $0.40 and last traded at $0.40. 13,458 shares changed hands during trading, a decline of 96% from the average session volume of 303,313 shares. The stock had previously closed at $0.42.

PyroGenesis Canada Price Performance

The firm has a 50 day moving average of $0.54 and a two-hundred day moving average of $0.56.

PyroGenesis Canada Company Profile

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PyroGenesis Canada Inc designs, develops, manufactures, and commercializes advanced plasma processes and systems in Canada and internationally. It offers DROSRITE, a sustainable process for enhancing metal recovery from dross targeting primarily metallurgical industry; plasma atomized metal powders; PUREVAP, a process to produce high purity metallurgical grade silicon and solar grade silicon from quartz; plasma fired steam generator, which directly generates steam suitable for steam-assisted gravity drainage (SAGD) for the oil and gas industry; and custom reactors and furnaces for use in advanced materials, metallurgical, environmental, and chemical fields.

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