ReGen III (CVE:GIII) Shares Climb 16.7% – Still a Buy?

ReGen III Corp. (CVE:GIII – Get Free Report) shares traded up 16.7% on Monday. The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 107,900 shares changed hands during trading, an increase of 45% from the average daily volume of 74,266 shares. The stock had previously closed at C$0.12.

ReGen III Price Performance

The company has a debt-to-equity ratio of -144.22, a quick ratio of 0.81 and a current ratio of 2.06. The company has a market cap of C$18.57 million, a PE ratio of -4.00 and a beta of 0.88. The company’s 50-day simple moving average is C$0.16 and its 200 day simple moving average is C$0.18.

About ReGen III

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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.

Further Reading

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