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Rigel Resource Acquisition NYSE:RRAC Stock Report

Last Price

US$11.16

Market Cap

US$357.9m

7D

0.09%

1Y

6.7%

Updated

26 Mar, 2024

Data

Company Financials

Rigel Resource Acquisition Corp.

NYSE:RRAC Stock Report

Market Cap: US$357.9m

RRAC Stock Overview

Rigel Resource Acquisition Corp. does not have significant operations.

RRAC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends0/6

Rigel Resource Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rigel Resource Acquisition
Historical stock prices
Current Share PriceUS$11.16
52 Week HighUS$11.17
52 Week LowUS$10.45
Beta-0.010
1 Month Change0.45%
3 Month Change1.55%
1 Year Change6.69%
3 Year Changen/a
5 Year Changen/a
Change since IPO13.73%

Recent News & Updates

Recent updates

Shareholder Returns

RRACUS Capital MarketsUS Market
7D0.09%2.5%0.6%
1Y6.7%33.6%29.5%

Return vs Industry: RRAC underperformed the US Capital Markets industry which returned 33.1% over the past year.

Return vs Market: RRAC underperformed the US Market which returned 29.8% over the past year.

Price Volatility

Is RRAC's price volatile compared to industry and market?
RRAC volatility
RRAC Average Weekly Movement0.3%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: RRAC has not had significant price volatility in the past 3 months.

Volatility Over Time: RRAC's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aJon Lambhttps://www.rigelresource.com

Rigel Resource Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies primarily in the mining industry.

Rigel Resource Acquisition Corp. Fundamentals Summary

How do Rigel Resource Acquisition's earnings and revenue compare to its market cap?
RRAC fundamental statistics
Market capUS$357.90m
Earnings (TTM)US$7.47m
Revenue (TTM)n/a

47.9x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RRAC income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$7.47m
EarningsUS$7.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-21.8%

How did RRAC perform over the long term?

See historical performance and comparison
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