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ReGen III Corp ( (TSE:GIII) ) has shared an update.
ReGen III Corp, a leader in clean technology for upcycling used motor oil into high-value base oils, has appointed Liam Gallacher to its Board of Directors. Gallacher’s extensive experience in business development, finance, and governance within the oil and sustainability sectors aligns with ReGen III’s strategic goals, enhancing its market outreach and strategic opportunities.
Spark’s Take on TSE:GIII Stock
According to Spark, TipRanks’ AI Analyst, TSE:GIII is a Underperform.
ReGen III Corp’s overall score is low due to significant financial challenges, including zero revenue, negative profitability, and high leverage. While technical indicators suggest some positive market momentum, poor financial health and unattractive valuation significantly outweigh these factors.
To see Spark’s full report on TSE:GIII stock, click here.
More about ReGen III Corp
ReGen III is a clean technology company that specializes in the upcycling of used motor oil into high-value Group III base oils. The company focuses on creating sustainable solutions with better environmental outcomes and aims to become the world’s largest producer of sustainable re-refined Group III base oil.
YTD Price Performance: -57.32%
Average Trading Volume: 62,705
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$21.8M
For an in-depth examination of GIII stock, go to TipRanks’ Stock Analysis page.