ReGen III Corp. (CVE:GIII - Get Free Report) rose 1.2% during mid-day trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.43. Approximately 56,510 shares traded hands during trading, an increase of 3% from the average daily volume of 54,622 shares. The stock had previously closed at C$0.42.
ReGen III Price Performance
The firm has a market capitalization of C$48.53 million, a P/E ratio of -8.20 and a beta of 1.52. The company has a quick ratio of 0.82, a current ratio of 0.34 and a debt-to-equity ratio of 38.66. The business's 50 day moving average is C$0.30 and its 200-day moving average is C$0.25.
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.
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