ReGen III Corp. (CVE:GIII – Get Free Report)’s stock price fell 14.3% during mid-day trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. 412,000 shares traded hands during mid-day trading, an increase of 426% from the average daily volume of 78,321 shares. The stock had previously closed at C$0.17.
ReGen III Trading Down 20.0%
The company has a quick ratio of 0.81, a current ratio of 2.14 and a debt-to-equity ratio of -158.48. The business has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of C$0.19. The company has a market cap of C$21.66 million, a price-to-earnings ratio of -4.67 and a beta of 0.54.
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.
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