Insider Buying: ReGen III (CVE:GIII) Director Acquires 100,000 Shares of Stock

ReGen III Corp. (CVE:GIIIGet Free Report) Director William Bradford White acquired 100,000 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The stock was purchased at an average price of C$0.14 per share, for a total transaction of C$14,000.00. Following the completion of the purchase, the director directly owned 4,416,500 shares in the company, valued at C$618,310. This trade represents a 2.32% increase in their position.

ReGen III Stock Performance

CVE:GIII traded down C$0.02 on Friday, reaching C$0.20. 131,500 shares of the company’s stock were exchanged, compared to its average volume of 118,138. The firm has a market cap of C$26.91 million, a price-to-earnings ratio of -10.00 and a beta of 0.39. The company has a debt-to-equity ratio of -70.59, a current ratio of 0.16 and a quick ratio of 0.82. The stock has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.19. ReGen III Corp. has a 52 week low of C$0.13 and a 52 week high of C$0.45.

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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