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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

Comment by LastZazon May 17, 2021 1:41pm
193 Views
Post# 33214918

RE:RE:RE:RE:PYR is solid and well ran

RE:RE:RE:RE:PYR is solid and well ranfdfd12, your point to me initially appeared to be about the market cap, not about the chart or the stock pattern for companies like this. Your point seemed to state that PYR had a market cap that was too high for its revenues, and that you knew that because on a comparative basis there are no companies with revenues at or below that level that have a market cap above $800M.

I just showed you one with $0 revenues, and negative earnings, which has a higher market cap more than 4x bigger than PYR. And they are not the only one... So I'm not quite sure how I proved your point there lol.

As for your statement regarding similar price behaviour, this is not surprising. Most in the market know that in times where inflation is a concern and interest rate increases appear to begin possible on the horizon, money begins to rotate out of growth or tech stocks as there is fear interest rates will affect their growth potential or speed of growth.

There is certainly a rotation of money going on at this time as we enter a different stage in the market cycle and many pre-revenues or negative earnings companies are seeing share price dips. Although PYR is not pre-revenue, this is not unusual for PYR to be put into that classification given it is only beginning to commercialize its offerings... ultimately  it is positive that this rotation is not attributed to PYR alone. With that said, PYR has no debt currently, and interest rates would have little effect on PYR's growth potential. Nothing has changed in the long run. 

GLTA
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