ReGen III (CVE:GIII) Trading Up 13.9% – Here’s What Happened

ReGen III Corp. (CVE:GIIIGet Free Report) shares were up 13.9% during mid-day trading on Thursday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 109,500 shares traded hands during mid-day trading, an increase of 42% from the average daily volume of 76,956 shares. The stock had previously closed at C$0.18.

ReGen III Trading Up 11.1%

The company has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.18. The firm has a market cap of C$30.94 million, a price-to-earnings ratio of -10.00 and a beta of 0.42. The company has a current ratio of 0.13, a quick ratio of 0.82 and a debt-to-equity ratio of -88.61.

ReGen III Company Profile

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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.

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