Shares of RCF Acquisition Corp. (NYSE:RCFA – Get Free Report) traded up 0.3% on Monday . The stock traded as high as $11.51 and last traded at $11.51. 45,100 shares were traded during mid-day trading, an increase of 126% from the average session volume of 19,959 shares. The stock had previously closed at $11.47.
RCF Acquisition Stock Performance
The firm has a 50 day moving average price of $11.44 and a 200-day moving average price of $11.35.
Institutional Investors Weigh In On RCF Acquisition
A number of institutional investors have recently made changes to their positions in the stock. Cowen AND Company LLC raised its position in shares of RCF Acquisition by 247.3% in the 2nd quarter. Cowen AND Company LLC now owns 52,075 shares of the company’s stock valued at $590,000 after acquiring an additional 37,080 shares during the period. Berkley W R Corp raised its holdings in RCF Acquisition by 3.0% in the first quarter. Berkley W R Corp now owns 497,514 shares of the company’s stock worth $5,527,000 after purchasing an additional 14,355 shares during the period. Finally, Mizuho Securities USA LLC raised its holdings in RCF Acquisition by 7.1% in the first quarter. Mizuho Securities USA LLC now owns 160,384 shares of the company’s stock worth $1,764,000 after purchasing an additional 10,600 shares during the period. 24.62% of the stock is owned by institutional investors and hedge funds.
About RCF Acquisition
RCF Acquisition Corp. does not have significant operations. It focuses to target assets or businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition. The company was incorporated in 2021 and is based in Denver, Colorado.
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