Rigel Resource Acquisition Corp.

Rigel Resource Acquisition Corp.verified

RRAC

Price:

$11.5

Market Cap:

$168.24M

Rigel Resource Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-12-27

Stock Exchange

NYSE

Ticker

RRAC

The ROE as of November 2024 (TTM) for Rigel Resource Acquisition Corp. (RRAC) is -0.95%

According to Rigel Resource Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is -0.95%. This represents a change of -151.41% compared to the average of 1.85% of the last 4 quarters.

Rigel Resource Acquisition Corp. (RRAC) Historical ROE (quarterly & annually)

How has RRAC ROE performed in the past?

The mean historical ROE of Rigel Resource Acquisition Corp. over the last ten years is 2.53%. The current -0.95% ROE has changed -137.53% with respect to the historical average. Over the past ten years (40 quarters), RRAC's ROE was at its highest in in the June 2021 quarter at 9.85%. The ROE was at its lowest in in the March 2024 quarter at -0.53%.

Quarterly (TTM)
Annual

Average

2.53%

Median

3.05%

Minimum

-0.47%

Maximum

5.02%

Rigel Resource Acquisition Corp. (RRAC) ROE by Quarter and Year

Discovering the peaks and valleys of Rigel Resource Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual ROE = 5.02%

Minimum Annual Increase = -743.62%

Minimum Annual ROE = -0.47%

Quarterly (TTM)
Annual
YearROEChange
20233.05%-743.62%
2022-0.47%-109.43%

Rigel Resource Acquisition Corp. (RRAC) Average ROE

How has RRAC ROE performed in the past?

The current ROE of Rigel Resource Acquisition Corp. (RRAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.53%

5-year avg

2.53%

10-year avg

2.53%

Rigel Resource Acquisition Corp. (RRAC) ROE vs. Peers

How is RRAC’s ROE compared to its peers?

Rigel Resource Acquisition Corp.’s ROE is less than Pyrophyte Acquisition Corp. (3.27%), greater than Berenson Acquisition Corp. I (-30633.47%), less than Cartesian Growth Corporation II (8.52%), less than Sculptor Acquisition Corp I (0%), less than Global Blockchain Acquisition Corp. (15.88%), greater than TenX Keane Acquisition Ordinary Share (-1.11%), less than AfterNext HealthTech Acquisition Corp. (3.33%), less than Altimar Acquisition Corp. III (0%), less than Ahren Acquisition Corp. (0%), less than Manaris (2010) Corp. (10.68%), less than null (0%), greater than null (-38.18%),

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