ReGen III Corp. (CVE:GIII – Get Free Report)’s share price fell 14.3% during trading on Wednesday . The company traded as low as C$0.14 and last traded at C$0.15. 412,000 shares traded hands during trading, an increase of 426% from the average session volume of 78,321 shares. The stock had previously closed at C$0.17.
ReGen III Price Performance
The stock has a market cap of C$25.53 million, a P/E ratio of -5.50 and a beta of 0.54. 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 business has a 50 day simple moving average of C$0.19 and a 200-day simple moving average of C$0.19.
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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