RCF Acquisition (NYSE:RCFA) Stock Price Up 0.3% – Here’s What Happened

RCF Acquisition Corp. (NYSE:RCFA)’s share price rose 0.3% on Monday . The stock traded as high as $11.51 and last traded at $11.51. Approximately 45,100 shares changed hands during trading, an increase of 126% from the average daily volume of 19,959 shares. The stock had previously closed at $11.47.

RCF Acquisition Stock Performance

The firm’s 50-day moving average price is $11.45 and its two-hundred day moving average price is $11.36.

Institutional Trading of RCF Acquisition

Several institutional investors have recently made changes to their positions in the business. Cowen AND Company LLC boosted its position in RCF Acquisition by 247.3% in the second quarter. Cowen AND Company LLC now owns 52,075 shares of the company’s stock valued at $590,000 after buying an additional 37,080 shares in the last quarter. Mizuho Securities USA LLC boosted its position in RCF Acquisition by 7.1% in the first quarter. Mizuho Securities USA LLC now owns 160,384 shares of the company’s stock valued at $1,764,000 after buying an additional 10,600 shares in the last quarter. Finally, Berkley W R Corp boosted its position in RCF Acquisition by 3.0% in the first quarter. Berkley W R Corp now owns 497,514 shares of the company’s stock valued at $5,527,000 after buying an additional 14,355 shares in the last quarter. 24.62% of the stock is currently 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.