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PyroGenesis Canada CEO says recent deals have contributed to increased valuation

PyroGenesis Canada Inc (TSX-V:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive Investors the Montreal-based company that specializes in developing and selling hot ionized gas called plasma is expecting a nearly US$13 million order from US military.

Pascali says while the stock has doubled from $0.30 per share a year ago, he expects current and upcoming deals to increase value further, expecting the majority of its revenue in the long-term to come from deals with mining and 3D-printing companies.

Quick facts: PyroGenesis Canada Inc.

Price: 0.44 CAD

TSX-V:PYR
Market: TSX-V
Market Cap: $61.56 m
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Full interview: PyroGenesis Canada increases healthy contract backlog almost...

PyroGenesis Canada Inc (CVE:PYR) (OTCMKTS:PYRNF) CEO Peter Pascali tells Proactive the plasma torch company increased its healthy contract backlog almost 500% in the third quarter from the second quarter. Pascali says that during the 3Q the firm increased the backlog of signed contracts to...

on 12/04/2019

2 min read