Gen Iii Oil Stock Today

GIII Stock  CAD 0.22  0.01  4.76%   

Performance

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Odds Of Distress

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Gen III is selling for under 0.22 as of the 7th of September 2024; that is 4.76% increase since the beginning of the trading day. The stock's lowest day price was 0.2. Gen III has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Gen III Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of August 2024 and ending today, the 7th of September 2024. Click here to learn more.
Business Domain
Energy
Gen III Oil Corporation operates as an oil processing company in Canada. Gen III Oil Corporation is headquartered in Vancouver, Canada. GEN III operates under Oil Gas Refining Marketing classification in Canada and is traded on TSX Venture Exchange. The company has 118.36 M outstanding shares of which 1.2 K shares are currently shorted by private and institutional investors with about 0.06 days to cover all short positions. More on Gen III Oil

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Gen Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gen III's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gen III or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOil & Gas Refining & Marketing, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors)
Gen III's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gen III's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Gen III can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gen III's financial leverage. It provides some insight into what part of Gen III's total assets is financed by creditors.
Liquidity
Gen III cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Gen III Oil has accumulated 2.92 M in total debt. Gen III Oil has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Gen III until it has trouble settling it off, either with new capital or with free cash flow. So, Gen III's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gen III Oil sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gen to invest in growth at high rates of return. When we think about Gen III's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

4.07 Million
Gen III Oil (GIII) is traded on TSX Venture Exchange in Canada and employs 8 people. Gen III is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.04 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gen III's market, we take the total number of its shares issued and multiply it by Gen III's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Gen III Oil operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 118.36 M outstanding shares of which 1.2 K shares are currently shorted by private and institutional investors with about 0.06 days to cover all short positions. Gen III Oil has accumulated about 1.78 M in cash with (4.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
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Ownership Allocation
Gen III Oil has a total of 118.36 Million outstanding shares. Gen III retains 19.75 (percent) of its outstanding shares held by insiders and 0.0 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Gen III Oil Risk Profiles

Although Gen III's alpha and beta are two of the key measurements used to evaluate Gen III's performance over the market, the standard measures of volatility play an important role as well.

Gen Stock Against Markets

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Gen III Corporate Management

Elected by the shareholders, the Gen III's board of directors comprises two types of representatives: Gen III inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gen. The board's role is to monitor Gen III's management team and ensure that shareholders' interests are well served. Gen III's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gen III's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Gen Stock Analysis

When running Gen III's price analysis, check to measure Gen III's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gen III is operating at the current time. Most of Gen III's value examination focuses on studying past and present price action to predict the probability of Gen III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen III's price. Additionally, you may evaluate how the addition of Gen III to your portfolios can decrease your overall portfolio volatility.