Insider Buying: ReGen III (CVE:GIII) Director Acquires C$14,000.00 in Stock

ReGen III Corp. (CVE:GIII) Director William Bradford White purchased 100,000 shares of the company’s stock in a transaction on Tuesday, December 23rd. The shares were bought at an average price of C$0.14 per share, for a total transaction of C$14,000.00. Following the completion of the transaction, the director directly owned 4,416,500 shares in the company, valued at C$618,310. This represents a 2.32% increase in their position.

ReGen III Trading Down 7.0%

Shares of CVE:GIII opened at C$0.20 on Tuesday. The company has a 50 day moving average of C$0.16 and a 200-day moving average of C$0.19. 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 cap of C$26.91 million, a P/E ratio of -10.00 and a beta of 0.39. ReGen III Corp. has a twelve month low of C$0.13 and a twelve month high of C$0.45.

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. in May 2021. The company is headquartered in Vancouver, Canada.