Mizuho Securities USA LLC boosted its holdings in Rigel Resource Acquisition Corp. (NYSE:RRAC – Free Report) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 640,519 shares of the company’s stock after buying an additional 70,119 shares during the period. Mizuho Securities USA LLC owned approximately 2.00% of Rigel Resource Acquisition worth $7,302,000 as of its most recent SEC filing.
Separately, Quarry LP acquired a new stake in Rigel Resource Acquisition during the third quarter worth about $2,012,000. 71.85% of the stock is currently owned by institutional investors and hedge funds.
Rigel Resource Acquisition Price Performance
Rigel Resource Acquisition stock opened at $11.50 on Friday. The business has a 50 day moving average price of $11.50 and a two-hundred day moving average price of $11.50. Rigel Resource Acquisition Corp. has a 12 month low of $10.92 and a 12 month high of $12.75.
Rigel Resource Acquisition Company Profile
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.
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