ReGen III Corp. (CVE:GIII – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 106,500 shares trading hands. The stock had previously closed at C$0.14.
ReGen III Trading Down 11.1%
The company has a market capitalization of C$18.57 million, a PE ratio of -4.00 and a beta of 0.88. The company has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.18. The company has a current ratio of 2.06, a quick ratio of 0.81 and a debt-to-equity ratio of -144.22.
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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