ReGen III Corp. (CVE:GIII – Get Free Report) shares dropped 10% on Monday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 146,747 shares traded hands during mid-day trading, an increase of 97% from the average daily volume of 74,648 shares. The stock had previously closed at C$0.15.
ReGen III Stock Performance
The firm’s 50-day moving average price is C$0.17 and its two-hundred day moving average price is C$0.19. The company has a quick ratio of 0.82, a current ratio of 0.16 and a debt-to-equity ratio of -70.59. The firm has a market capitalization of C$18.16 million, a PE ratio of -6.75 and a beta of 0.39.
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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