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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Post by StairwayToon Apr 07, 2021 12:42pm
323 Views
Post# 32949870

Fair market value of strategic investments

Fair market value of strategic investmentsAnyone else is affraid of what would happened if HPQ sp would drop to $1.00 or $0.90 by the end of Q2?

PYR recorded a comprehensive income of $41millions for the year ending 12/31/2020.
The result of "fair market value" on HPQ investment, which saw its SP increased from $0.08  to $1.10  by the end of 2020.

PYR will probably record some $3M in comprehensive income in Q1, due to the increase in HPQ from $1.10  to $1.17 at the end of March.

Every drop of $0.10 in HPQ sp would represent +/- $4 millions in comprehensive loss



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