ReGen III Corp. (CVE:GIII – Get Free Report)’s share price traded down 16.7% on Friday. The company traded as low as C$0.10 and last traded at C$0.10. 100,318 shares were traded during mid-day trading, an increase of 36% from the average session volume of 73,734 shares. The stock had previously closed at C$0.12.
ReGen III Stock Performance
The business’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.18. The company has a quick ratio of 0.81, a current ratio of 2.06 and a debt-to-equity ratio of -144.22. The firm has a market cap of C$17.02 million, a price-to-earnings ratio of -3.67 and a beta of 0.43.
About ReGen III
ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp. in May 2021. The company is headquartered in Vancouver, Canada.
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