Insider Buying: ReGen III (CVE:GIII) Director Acquires 100,000 Shares of Stock

Key Points

  • Insider purchase: Director William Bradford White bought 100,000 shares on Dec. 23 at C$0.14 each, raising his stake by 2.32% to 4,416,500 shares valued at C$618,310.
  • Stock and financials: Shares are down ~7% (opened C$0.20) with a 12‑month range of C$0.13–C$0.45; the company has a market cap of C$26.91M, a negative P/E, a low current ratio (0.16) and a 50‑day/200‑day moving average of C$0.16/C$0.19.

ReGen III Corp. (CVE:GIII - Get Free Report) Director William Bradford White purchased 100,000 shares of ReGen III stock in a transaction that occurred on Tuesday, December 23rd. The stock was acquired at an average cost of C$0.14 per share, with a total value of C$14,000.00. Following the acquisition, the director directly owned 4,416,500 shares in the company, valued at C$618,310. This trade represents a 2.32% increase in their position.

ReGen III Stock Down 7.0%

Shares of GIII opened at C$0.20 on Friday. The company has a current ratio of 0.16, a quick ratio of 0.82 and a debt-to-equity ratio of -70.59. ReGen III Corp. has a 12 month low of C$0.13 and a 12 month high of C$0.45. The stock's 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.19. The firm has a market cap of C$26.91 million, a P/E ratio of -10.00 and a beta of 0.39.

About ReGen III

(Get Free Report)

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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