RCF Acquisition (NYSE:RCFA) Stock Price Up 0.2%

Shares of RCF Acquisition Corp. (NYSE:RCFA) were up 0.2% on Wednesday . The company traded as high as $11.20 and last traded at $11.20. Approximately 1,304 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 12,989 shares. The stock had previously closed at $11.18.

RCF Acquisition Price Performance

The company has a fifty day moving average of $11.11 and a two-hundred day moving average of $11.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cowen AND Company LLC bought a new position in shares of RCF Acquisition in the third quarter worth about $871,000. Cable Car Capital LLC acquired a new stake in shares of RCF Acquisition during the 4th quarter worth approximately $2,196,000. Finally, Westchester Capital Management LLC increased its holdings in RCF Acquisition by 13.3% in the 3rd quarter. Westchester Capital Management LLC now owns 1,312,811 shares of the company’s stock valued at $14,362,000 after buying an additional 153,870 shares during the period. 24.62% of the stock is currently owned by institutional investors and hedge funds.

RCF Acquisition Company Profile

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.