Rivernorth Opps Fund (NYSE:RIV) Stock Quotes, Forecast and News Summary

Q: What sector and industry does Rivernorth Opps Fund (RIV) operate in?

Rivernorth Opps Fund is in the Financial Services sector and Asset Management industry. They are listed on the NYSE.

Rivernorth Opps Fund Stock (NYSE: RIV) stock price, news, charts, stock research, profile.

Open	$12.38
Close	$12.33
Volume / Avg.	71.07K / 86.85K
Day Range	$12.27 - $12.40
52 Wk Range	11.20 - 12.96
Market Cap	$268.21M
P/E Ratio	6.11
Dividend Yield	12.41%
Exchange	NYSE
RSI	56
Short Interest	0.12%
Days to Cover	1

Recent News

Cansortium Completes RIV Capital Acquisition, Adding New York Retail, Wholesale, Cannabis Cultivation Operations

FLUENT and RIV Capital complete a merger, creating a well-positioned cannabis operator with a strong balance sheet and strategic footprint.

Maureen Meehan

Cannabis-Focused RIV Capital Reports 186% YoY Surge In Q3 Revenue Ahead Of Major Merger That Will Cover 25% Of US Population

RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) reported on Friday its third quarter results for the three months ended Sept. 30, revealing a 28% sequential and 186% increase year-over-year in net revenue to $4.9 million.Out of that sum, retail revenue accounted for $3.4 million, up from $1.5 million in the third quarter, reflecting strong growth from adult-use dispensaries in New York. Wholesale revenue surged to $1.6 million, up from $0.3 million over the same period, the company said in a press release.

Jelena Martinovic

Cannabis Co. Cansortium Refinances Debt With $96.5M Loan Ahead Of Major Merger And Next Phase Of Growth

Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders.The Tampa, Florida-based vertically integrated cannabis company operating under the FLUENT brand, said the credit agreement includes a 12% cash interest rate and 1% paid-in-kind interest annually. It matures on November 26, 2028, with no material debt maturities until then. "We are excited to announce the successful completion of our senior secured refinancing," Robert Beasley, CEO of Cansortium, said. "The loan's favorable interest rate and single financial covenant underscore our strong financial standing, while its non-dilutive structure - free of equity or warrants – preserves shareholder value."

Jelena Martinovic

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Open	$12.38
Close	$12.33
Volume / Avg.	71.07K / 86.85K
Day Range	$12.27 - $12.40
52 Wk Range	11.20 - 12.96
Market Cap	$268.21M
P/E Ratio	6.11
Dividend Yield	12.41%
Exchange	NYSE
RSI	56
Short Interest	0.12%
Days to Cover	1

About RiverNorth Opportunities Fund Inc

Sector

Financial Services

Industry

N/A

Rivernorth Opportunities Fund Inc is a diversified, closed-end management investment company. The fu...

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EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy Rivernorth Opps Fund (RIV) stock?

You can purchase shares of Rivernorth Opps Fund (NYSE:RIV) through any online brokerage.

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Who are Rivernorth Opps Fund (RIV) competitors?

There are no as such competitors for Rivernorth Opps Fund.

What is the forecast, or price target, for Rivernorth Opps Fund (RIV) stock?

There is no analysis for Rivernorth Opps Fund to provide a consensus price target.

What is the current price for Rivernorth Opps Fund (RIV)?

The stock price for Rivernorth Opps Fund (NYSE: RIV) is $12.502 last updated February 20, 2025 at 4:16 PM EST.

Does Rivernorth Opps Fund (RIV) pay a dividend?

The next Rivernorth Opps Fund (RIV) dividend date is projected to be Friday, March 14, 2025.

When is Rivernorth Opps Fund (NYSE:RIV) reporting earnings?

Rivernorth Opps Fund does not have any upcoming earnings scheduled.

Is Rivernorth Opps Fund (RIV) going to split?

There is no upcoming split for Rivernorth Opps Fund.

What sector and industry does Rivernorth Opps Fund (RIV) operate in?

Rivernorth Opps Fund is in the Financial Services sector and Asset Management industry. They are listed on the NYSE.

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