Sell 2/27/2025Downgrade
Rigel Resource Acquisition Corp. (RRACF) was downgraded to D from D+ on 2/27/2025 due to a major decline in the valuation index, volatility index and efficiency index. Net income declined 79.34% from -$1.25M to -$2.24M, and total capital declined 16.91% from -$18.53M to -$21.66M.

Sell 11/21/2023Upgraded
Rigel Resource Acquisition Corp. (RRAC) was upgraded to D+ from D on 11/21/2023 due to a major increase in the solvency index.

Sell 1/4/2023Upgraded
Rigel Resource Acquisition Corp. (RRAC) was upgraded to D from D- on 1/4/2023 due to an increase in the total return index.

Sell 9/1/2022Upgraded
Rigel Resource Acquisition Corp. (RRAC) was upgraded to D- from E+ on 9/1/2022 due to a large increase in the solvency index, growth index and valuation index. Operating cash flow increased 90.5% from -$1.21M to -$115.2, and EBIT increased 27.75% from -$403.6 to -$291.6.

Sell 6/1/2022Upgraded
Rigel Resource Acquisition Corp. (RRAC) was upgraded to E+ from E on 6/1/2022 due to an increase in the valuation index.

Sell 5/23/2022None
Rigel Resource Acquisition Corp. (RRACF) was downgraded to E from U on 05/23/2022.