Shares of ReGen III Corp. (CVE:GIII – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 3,000 shares. The stock had previously closed at C$0.12.
ReGen III Price Performance
The company has a quick ratio of 0.81, a current ratio of 2.06 and a debt-to-equity ratio of -144.22. The firm has a market capitalization of C$18.57 million, a price-to-earnings ratio of -4.00 and a beta of 0.43. The stock’s 50-day moving average price is C$0.16 and its 200 day moving average price 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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