ReGen III (CVE:GIII) Sets New 52-Week Low – Here’s Why

by · The Cerbat Gem

ReGen III Corp. (CVE:GIII – Get Free Report)’s share price reached a new 52-week low during trading on Thursday. The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 3,000 shares. The stock had previously closed at C$0.12.

ReGen III Stock Performance

The stock has a 50-day moving average of C$0.16 and a 200 day moving average of C$0.18. The company has a quick ratio of 0.81, a current ratio of 2.06 and a debt-to-equity ratio of -144.22. The stock has a market cap of C$18.57 million, a PE ratio of -4.00 and a beta of 0.43.

ReGen III Company Profile

(Get Free Report)

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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