Shares of ReGen III Corp. (CVE:GIII – Get Free Report) reached a new 52-week low during trading on Friday. The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 8,500 shares traded. The stock had previously closed at C$0.14.
ReGen III Stock Performance
The company has a market capitalization of C$19.34 million, a price-to-earnings ratio of -4.17 and a beta of 0.88. The firm has a 50-day simple moving average of C$0.17 and a two-hundred 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.
About ReGen III
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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