ReGen III (CVE:GIII) Stock Price Down 6.7% – Time to Sell?

Shares of ReGen III Corp. (CVE:GIII – Get Free Report) traded down 6.7% on Monday . The stock traded as low as C$0.14 and last traded at C$0.14. 140,647 shares changed hands during mid-day trading, an increase of 553% from the average session volume of 21,525 shares. The stock had previously closed at C$0.15.

ReGen III Price Performance

The firm has a 50-day moving average of C$0.17 and a 200 day moving average of C$0.19. The company has a market capitalization of C$18.16 million, a PE ratio of -6.75 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.

About ReGen III

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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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