ReGen III Corp. (CVE:GIII – Get Free Report)’s stock price fell 8.6% on Friday. The company traded as low as C$0.16 and last traded at C$0.16. Approximately 143,800 shares traded hands during trading, an increase of 86% from the average daily volume of 77,204 shares. The stock had previously closed at C$0.17.
ReGen III Stock Performance
The business’s fifty day moving average price is C$0.17 and its 200-day moving average price is C$0.18. The stock has a market capitalization of C$24.76 million, a PE ratio of -5.33 and a beta of 0.88. The company has a debt-to-equity ratio of -144.22, a current ratio of 2.06 and a quick ratio of 0.81.
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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