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The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like GIII, BTU, KBH, PAM and MPB hold promise.
G-III displays growth potential through global expansion, digital initiatives and solid financial performance, backed by attractive valuation and earnings revisions.
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, announces that it has initiated a non-brokered private placement financing (the "Offering") of up to 2,500,000 units (the "Units") of the Company at a price of $0.20 per Unit for gross proceeds of up to $500,000. The net proceeds from the Offering are intended to be used for general corporate purposes and working capital.
Shares of G-III Apparel Group Ltd (GIII, Financial) fell 4.24% in mid-day trading on Oct 2. The stock reached an intraday low of $29.12, before recovering slightly to $29.16, down from its previous close of $30.45.
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like GIII, SON, HG, PAM and PFE hold promise.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
GIII offers strong growth potential through global expansion and new licensing deals, coupled with improved financial performance and an attractive valuation.
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, announces today that effective immediately Greg Clarkes, CEO and Chairman of the Board, has stepped down from his role as CEO for personal reasons. Mr. Clarkes will continue to serve as Chairman of the Board, providing ongoing leadership and guidance to the Company.
GIII's digital expansion, strategic global partnerships and improved operational efficiency position it for long-term growth in the competitive apparel market.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.