ReGen III Corp. (CVE:GIII – Get Free Report) was up 5.3% during mid-day trading on Friday . The company traded as high as C$0.41 and last traded at C$0.40. Approximately 112,500 shares traded hands during mid-day trading, an increase of 73% from the average daily volume of 65,071 shares. The stock had previously closed at C$0.38.
ReGen III Price Performance
The stock’s 50 day moving average price is C$0.41 and its two-hundred day moving average price is C$0.58. The firm has a market capitalization of C$49.71 million, a price-to-earnings ratio of -7.00 and a beta of 1.39. The company has a debt-to-equity ratio of 38.66, a current ratio of 1.36 and a quick ratio of 0.82.
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.
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