Shares of ReGen III Corp. (CVE:GIII – Get Free Report) traded down 1.4% on Wednesday . The company traded as low as C$0.31 and last traded at C$0.35. 44,500 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 54,320 shares. The stock had previously closed at C$0.35.
ReGen III Price Performance
The company has a debt-to-equity ratio of 38.66, a current ratio of 0.34 and a quick ratio of 0.82. The firm’s 50-day moving average is C$0.23 and its two-hundred day moving average is C$0.24. The company has a market cap of C$43.20 million, a P/E ratio of -7.30 and a beta of 1.52.
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.
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