Shares of ReGen III Corp. (CVE:GIII – Get Free Report) reached a new 52-week low during trading on Friday. The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 8,500 shares trading hands. The stock had previously closed at C$0.14.
ReGen III Stock Down 10.7%
The stock has a market capitalization of C$19.34 million, a P/E ratio of -4.17 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. The stock’s fifty day moving average is C$0.17 and its two-hundred day moving average is 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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