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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Post by tamaracktopon Apr 24, 2023 2:20pm
124 Views
Post# 35410845

Stuck at a buck

Stuck at a buckThe stock hasn't closed higher than $1.03 for 6 consecutive sessions., not counting today.

It's pretty obvious that someone is trying to unload a bunch of stock and that there aren't enough people willing to step up and buy it all.

Feel free to suggest an alternate scenario that would explain the volume plummeting while the stock flatlines. 

The 50-day average volume is 242,000 shares, and the 10-day average is 93,000.

This isn't likely to stay like this for the next month when the numbers are released. 

Any guesses here which way it will break?
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