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Pyrogenesis Canada Inc - PYR STOCK NEWS

Welcome to our dedicated news page for Pyrogenesis Canada (Ticker: PYR), a resource for investors and traders seeking the latest updates and insights on Pyrogenesis Canada.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pyrogenesis Canada's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pyrogenesis Canada's position in the market.

News
PyroGenesis Announces 2023 Third Quarter Results
Rhea-AI Summary
PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) announces Q3 results, reporting a revenue of $3.7 million, up 21% from Q2 2023, and a backlog of signed contracts of $35 million. The company's focus on Energy Transition & Emission Reduction, Commodity Security & Optimization, and Waste Remediation has led to new contracts and increased demand for plasma torch applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.99%
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earnings
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PyroGenesis Announces Successful Third-Party Validation of Fumed Silica from Lab-Scale Production
Rhea-AI Summary
PyroGenesis Canada Inc. (PYR) announces successful independent analysis of fumed silica produced in conjunction with HPQ Silica Polvere Inc. and the commencement of production for the fumed silica pilot plant, with significant energy savings and carbon emissions reduction. The Fumed Silica Reactor (FSR) is a plasma-based process that converts quartz into fumed silica in an eco-friendly manner, eliminating harmful chemicals. The latest testing has demonstrated an expected reduction in energy consumption ranging from 87.5% to 90% compared to conventional processes, while CO2 eq. emissions can be reduced by 84% to 88% compared to conventional processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
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none
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News
PyroGenesis Schedules 2023 Third Quarter Financial Results and Business Update Conference Call
Rhea-AI Summary
PyroGenesis Canada Inc. (PYR) to host conference call to discuss Q3 financial results and corporate progress, with a focus on sustainable solutions and reducing greenhouse gases. Webcast available on company website and live link provided. Inquiries can be submitted ahead of time via email.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
Tags
earnings
News
PyroGenesis Announces Intention to Voluntarily Delist from Nasdaq
Rhea-AI Summary
PyroGenesis Canada Inc. has announced its intention to voluntarily delist its common shares from Nasdaq and continue trading on the Toronto Stock Exchange. The company estimates over $2 million in annual costs for maintaining a dual listing and expects a substantial increase in expenses in the future. The delisting process is expected to be completed by November 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.1%
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none
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News
PyroGenesis Announces $360,000 Initial Contract for a Plasma-Based PACWAD System for Chemical Warfare Waste Destruction
Rhea-AI Summary
PyroGenesis Canada Inc. has received a €250,000 contract from a European engineering services firm for the safe destruction of chemical warfare agents. The contract includes an upfront payment of 45% of the total value. PyroGenesis will provide a lab-scale plasma arc chemical warfare agent destruction system as part of a project to identify and dispose of chemical munitions in marine passageways. The goal is to develop a full-scale system based on the results. The PACWADS system has a 99.9999% destruction efficiency and leaves a non-toxic salt effluent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.14%
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none
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News
PyroGenesis Announces Successful Silicon “Pour” Validating all Critical Milestones
Rhea-AI Summary
PyroGenesis Canada Inc. announces successful milestone pour of silicon from the Purevap Quartz Reduction Reactor (QRR)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.65%
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none
News
PyroGenesis Announces the Implementation of a NCIB
Rhea-AI Summary
PyroGenesis Canada Inc. has received acceptance from the TSX for its Notice of Intention to implement a Normal Course Issuer Bid (NCIB), allowing the purchase of up to 7,500,000 common shares over a 12-month period. The purchases will be made in accordance with TSX rules and the market price at the time of purchase. The Board of Directors believes this will enhance value and liquidity for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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none
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News
PyroGenesis Provides Update on the PUREVAP™ Quartz Reduction Reactor and Fumed Silica Projects with HPQ Silicon Inc.
Rhea-AI Summary
PyroGenesis Canada provides an update on its strategic engineering partnership with HPQ Silicon Inc. on two projects: the PUREVAP™ Quartz Reduction Reaction (QRR) pilot plant and the Fumed Silica Reactor (FSR) project. The QRR pilot plant achieves a 25% reduction in raw material use compared to conventional methods and achieves 3N+ silicon purity. The FSR project successfully produces fumed silica with reduced CO2 emissions. Both projects contribute to a more sustainable future. The fumed silica market is expected to reach $2.1 billion by 2032. PyroGenesis' involvement aligns with the recovery of viable metals and the optimization of production to increase output, addressing the demand for critical minerals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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none
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News
PyroGenesis Signs Initial Order with Global Aerospace Firm for “Coarse Cut” Titanium Metal Powder for 3D Printing
Rhea-AI Summary
PyroGenesis expands into coarse cut metal powder market with new order from global aerospace firm
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
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none
News
PyroGenesis Signs $2.25 Million Plasma Torch Contract for PFAS Removal
Rhea-AI Summary
PyroGenesis signs $1.65M contract to destroy PFAS chemicals
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Pyrogenesis Canada Inc

Nasdaq:PYR

PYR Rankings

N/A Ranked by Market Cap
#4924 Ranked by Stock Gains
N/A Ranked by Dividends

PYR Stock Data

Pharmaceutical Preparation Manufacturing
Manufacturing
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Canada
Montreal

About PYR

pyrogenesis canada inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. we provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3d printing), oil & gas, and environmental industries. with a team of experienced engineers, scientists and technicians working out of our montreal office and our 3,800 m2 manufacturing facility, pyrogenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. our core competencies allow pyrogenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. our operations are iso 9001:2008 certified, and have been iso certified since 1997. pyrogenesis is a publicly-traded canadia