ReGen III Corp. (CVE:GIII – Get Free Report) was up 13.9% during mid-day trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 109,500 shares changed hands during trading, an increase of 42% from the average daily volume of 76,956 shares. The stock had previously closed at C$0.18.
ReGen III Price Performance
The company has a debt-to-equity ratio of -88.61, a quick ratio of 0.82 and a current ratio of 0.13. The firm has a market capitalization of C$32.49 million, a P/E ratio of -10.50 and a beta of 0.42. The business has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.18.
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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