ReGen III Corp. (CVE:GIII – Get Free Report) shares shot up 3.5% during mid-day trading on Tuesday . The company traded as high as C$0.21 and last traded at C$0.21. 29,513 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 78,409 shares. The stock had previously closed at C$0.20.
ReGen III Price Performance
The company has a debt-to-equity ratio of -88.61, a quick ratio of 0.82 and a current ratio of 0.13. The stock’s fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.18. The firm has a market cap of C$27.58 million, a PE ratio of -10.25 and a beta of 0.42.
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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