ReGen III Corp. (CVE:GIII – Get Free Report) shares traded up 12.9% on Thursday . The stock traded as high as C$0.18 and last traded at C$0.17. Approximately 323,500 shares traded hands during mid-day trading, an increase of 320% from the average daily volume of 77,084 shares. The stock had previously closed at C$0.15.
ReGen III Stock Up 16.1%
The company has a debt-to-equity ratio of -158.48, a quick ratio of 0.81 and a current ratio of 2.14. The company’s fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.18. The stock has a market cap of C$27.85 million, a P/E ratio of -6.00 and a beta of 0.50.
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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