RCF Acquisition (NYSE:RCFA) Trading Up 0.2%

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

RCF Acquisition Stock Performance

The firm’s 50 day moving average is $11.10 and its two-hundred day moving average is $11.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds 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 valued at approximately $871,000. Westchester Capital Management LLC boosted its holdings in shares of RCF Acquisition by 13.3% in the third quarter. Westchester Capital Management LLC now owns 1,312,811 shares of the company’s stock valued at $14,362,000 after acquiring an additional 153,870 shares in the last quarter. Finally, Cable Car Capital LLC bought a new position in shares of RCF Acquisition in the fourth quarter valued at approximately $2,196,000. Institutional investors own 24.62% of the company’s stock.

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.