Rigel Resource Acquisition (OTCPK:RRAU.F) - Stock Price, News & Analysis

RRAU.F Stock Overview

Does not have significant operations. More details

RRAU.F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Negative shareholders equity

Makes less than USD$1m in revenue ($0)

Debt is not well covered by operating cash flow

Shares are highly illiquid

Rigel Resource Acquisition Corp. Competitors

IB Acquisition

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US$158.4m

ESH Acquisition

NasdaqGM:ESHA

US$156.6m

Ellington Credit

NYSE:EARN

US$197.3m

Westwood Holdings Group

NYSE:WHG

US$130.1m

Price History & Performance

Summary of all time highs, changes and price drops for Rigel Resource Acquisition
Historical stock prices
Current Share Price	US$11.50
52 Week High	US$12.50
52 Week Low	US$10.92
Beta	-0.012
11 Month Change	0%
3 Month Change	0.44%
1 Year Change	4.64%
33 Year Change	13.86%
5 Year Change	n/a
Change since IPO	14.37%

Recent updates

Shareholder Returns

	RRAU.F	US Capital Markets	US Market
7D	0%	0.06%	0.5%
1Y	4.6%	52.3%	30.7%

Return vs Industry: RRAU.F underperformed the US Capital Markets industry which returned 55.7% over the past year.

Return vs Market: RRAU.F underperformed the US Market which returned 32.3% over the past year.

Price Volatility

Is RRAU.F's price volatile compared to industry and market?
RRAU.F volatility
RRAU.F Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

Stable Share Price: RRAU.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine RRAU.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Jon Lamb	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?
RRAU.F fundamental statistics
Market cap	US$167.51m
Earnings (TTM)	-US$3.28m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-51.1x

P/E Ratio

Is RRAU.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RRAU.F income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$3.28m
Earnings	-US$3.28m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.22
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-30.8%

How did RRAU.F perform over the long term?

See historical performance and comparison

Rigel Resource Acquisition OTCPK:RRAU.F Stock Report