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NYSE: RRAC
Rigel Resource Acquisition Corp Stock

$10.35+0.00 (+0%)
Updated Feb 3, 2023
RRAC Price
$10.35
Fair Value Price
N/A
Market Cap
$388.13M
52 Week Low
$9.85
52 Week High
$10.35
P/E
N/A
P/B
-20.27x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
N/A
Earnings
N/A
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.04
Operating Cash Flow
N/A
Beta
0.01
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

RRAC Overview

Rigel Resource Acquisition Corporation is a "blank check" company formed to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or other combinations with one or more businesses. The company intends to target the global mining industry, including mine operators and ancillary services providers. Rigel Resource Acquisition was incorporated in 2021 and is headquartered in New York, NY.

Zen Score

Industry Average (7)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how RRAC scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

RRAC's short-term liabilities ($959.81k) exceed its short-term assets ($764.24k)
Short-term Liabilities Financials
RRAC's long-term liabilities ($19.01M) exceed its short-term assets ($764.24k)
Long-term Liabilities Financials
RRAC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
There are 30 more RRAC due diligence checks available for Premium users.

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Valuation

RRAC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0x
Industry
15.88x
Market
15.09x

RRAC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-20.27x
Industry
-34.09x

RRAC's financial health

Profit margin

Revenue
$0.0
Net Income
-$617.3k
Profit Margin
0%

Assets to liabilities

Assets
$308.7M
Liabilities
$20.0M
Debt to equity
-1.04
RRAC's short-term liabilities ($959.81k) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RRAC's long-term liabilities ($19.01M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RRAC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
RRAC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$80.9k
Investing
$0.0
Financing
$0.0

RRAC vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
RRAC$388.13M0.00%N/A-20.27x
ACDI$388.50M0.00%N/A-35.28x
PPYA$387.74M-0.19%N/A-31.12x
KRNL$388.94M+0.49%32.94x-28.02x
FSRX$387.21M-0.10%48.14x-38.88x

Rigel Resource Acquisition Stock FAQ

What is Rigel Resource Acquisition's quote symbol?

NYSE: RRAC) Rigel Resource Acquisition trades on the NYSE under the ticker symbol RRAC. Rigel Resource Acquisition stock quotes can also be displayed as NYSE: RRAC.

If you're new to stock investing, here's how to buy Rigel Resource Acquisition stock.

What is the 52 week high and low for Rigel Resource Acquisition (NYSE: RRAC)?

(NYSE: RRAC) Rigel Resource Acquisition's 52-week high was $10.35, and its 52-week low was $9.85. It is currently at its 52-week high and 5.13% from its 52-week low.

How much is Rigel Resource Acquisition stock worth today?

(NYSE: RRAC) Rigel Resource Acquisition currently has 37,500,000 outstanding shares. With Rigel Resource Acquisition stock trading at $10.35 per share, the total value of Rigel Resource Acquisition stock (market capitalization) is $388.13M.

Rigel Resource Acquisition stock was originally listed at a price of $10.06 in Nov 5, 2021. If you had invested in Rigel Resource Acquisition stock at $10.06, your return over the last 1 years would have been 2.93%, for an annualized return of 2.93% (not including any dividends or dividend reinvestments).

How much is Rigel Resource Acquisition's stock price per share?

(NYSE: RRAC) Rigel Resource Acquisition stock price per share is $10.35 today (as of Feb 3, 2023).

What is Rigel Resource Acquisition's Market Cap?

(NYSE: RRAC) Rigel Resource Acquisition's market cap is $388.13M, as of Feb 6, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Rigel Resource Acquisition's market cap is calculated by multiplying RRAC's current stock price of $10.35 by RRAC's total outstanding shares of 37,500,000.
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