ReGen III Corp. (CVE:GIII – Get Free Report) shares shot up 16.7% during trading on Monday. The company traded as high as C$0.14 and last traded at C$0.14. 107,900 shares traded hands during mid-day 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 stock has a market capitalization of C$18.57 million, a P/E ratio of -4.00 and a beta of 0.88. 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’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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