Insider Buying: ReGen III (CVE:GIII) Director Buys 100,000 Shares of Stock

ReGen III Corp. (CVE:GIII) Director William Bradford White purchased 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was purchased at an average price of C$0.14 per share, for a total transaction of C$14,000.00. Following the purchase, the director owned 4,416,500 shares in the company, valued at C$618,310. This represents a 2.32% increase in their ownership of the stock.

ReGen III Stock Performance

Shares of CVE GIII traded down C$0.02 during trading on Friday, reaching C$0.20. 131,500 shares of the company traded hands, compared to its average volume of 118,138. The stock has a market capitalization of C$26.91 million, a PE ratio of -10.00 and a beta of 0.39. The company has a quick ratio of 0.82, a current ratio of 0.16 and a debt-to-equity ratio of -70.59. The firm has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.19. ReGen III Corp. has a 52-week low of C$0.13 and a 52-week high of C$0.45.

ReGen III Company Profile

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.