Shares of ReGen III Corp. (CVE:GIII – Get Free Report) dropped 15.2% during trading on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.28. Approximately 250,000 shares changed hands during mid-day trading, an increase of 383% from the average daily volume of 51,729 shares. The stock had previously closed at C$0.33.
ReGen III Stock Performance
The company has a current ratio of 0.16, a quick ratio of 0.82 and a debt-to-equity ratio of -70.59. The firm has a market capitalization of C$35.74 million, a PE ratio of -6.62 and a beta of 1.52. The stock’s 50 day moving average price is C$0.35 and its two-hundred day moving average price is C$0.28.
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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