Summary
12.79 -0.01(-0.04%)09/27/2024
RiverNorth Opportunities Fund Inc (RIV)
RiverNorth Opportunities Fund Inc (RIV)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.12 | 2.28 | 3.52 | 4.97 | 6.90 | 21.42 | -2.55 | 75.22 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 12.79 | |
| Open | 12.79 | |
| High | 12.94 | |
| Low | 12.75 | |
| Volume | 86,228 | |
| Change | -0.02 | |
| Change % | -0.12 | |
| Avg Volume (20 Days) | 65,389 | |
| Volume/Avg Volume (20 Days) Ratio | 1.32 | |
| 52 Week Range | 9.63 - 12.94 | |
| Price vs 52 Week High | -1.20% | |
| Price vs 52 Week Low | 32.76% | |
| Range | -0.04 | |
| Gap Up/Down | -0.10 | |
Fundamentals | ||
| Market Capitalization (Mln) | 274 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 0.0000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.0000 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 0.0000 | |
| Return on asset (TTM) | 0.0000 | |
| Return on equity (TTM) | 0.0000 | |
| Revenue TTM | 0 | |
| Revenue per share TTM | 0.0000 | |
| Quarterly Revenue Growth (YOY) | 0.0000 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 0 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 0 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 0.00 | |
09/25 08:00 EST - prnewswire.com
RIV Capital and Etain Open Second Adult-Use Location in New York
Etain commenced adult-use sales at midtown Manhattan dispensary in September NEW YORK , Sept. 25, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, is pleased to announce that Etain has launched adult-use sales at its dispensary in Manhattan.
RIV Capital and Etain Open Second Adult-Use Location in New York
Etain commenced adult-use sales at midtown Manhattan dispensary in September NEW YORK , Sept. 25, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, is pleased to announce that Etain has launched adult-use sales at its dispensary in Manhattan.
08/31 11:01 EST - 247wallst.com
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
08/28 09:28 EST - marketwatch.com
RIV Capital's revenue more than doubles as New York cannabis market gears up
RIV Capital Inc. reported a narrower loss and more than double its quarterly revenue on Wednesday as the cannabis company looked to scale up its Etain dispensaries in New York.
RIV Capital's revenue more than doubles as New York cannabis market gears up
RIV Capital Inc. reported a narrower loss and more than double its quarterly revenue on Wednesday as the cannabis company looked to scale up its Etain dispensaries in New York.
08/28 08:25 EST - prnewswire.com
RIV Capital Reports Financial Results for the Second Quarter Ended June 30, 2024
Company reports quarterly revenue of $3.8 million, up 112% year-over-year and 77% quarter-over-quarter On track to complete business combination with Cansortium later this year, which will leverage RIV Capital's reported cash balance of $57.7 million to support growth across multi-state footprint TORONTO , Aug. 28, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, today released its financial results for the second quarter ended June 30, 2024 ("Q2 2024"). All financial information in this press release is reported in U.S. dollars unless otherwise indicated.
RIV Capital Reports Financial Results for the Second Quarter Ended June 30, 2024
Company reports quarterly revenue of $3.8 million, up 112% year-over-year and 77% quarter-over-quarter On track to complete business combination with Cansortium later this year, which will leverage RIV Capital's reported cash balance of $57.7 million to support growth across multi-state footprint TORONTO , Aug. 28, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, today released its financial results for the second quarter ended June 30, 2024 ("Q2 2024"). All financial information in this press release is reported in U.S. dollars unless otherwise indicated.
08/27 18:01 EST - prnewswire.com
RIV Capital Announces Shareholder Approval of Business Combination with Cansortium and Cansortium Announces Shareholder Approval of the Amendment Proposal
TORONTO , Aug. 27, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, is pleased to announce that holders ("RIV Shareholders") of Class A common shares ("RIV Shares") of RIV Capital voted in favor of a special resolution (the "Arrangement Resolution") to approve the previously announced proposed business combination (the "Business Combination") with Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, at the Annual General and Special Meeting of RIV Shareholders (the "RIV Meeting") held earlier today. Cansortium is also pleased to announce that holders ("Cansortium Shareholders") of common shares of Cansortium voted in favor of a special resolution (the "Amendment Proposal") to authorize an amendment to its articles to, among other things, create a new class of non-voting exchangeable shares in connection with the Business Combination, at the annual general and special meeting of Cansortium Shareholders (the "Cansortium Meeting") held earlier today.
RIV Capital Announces Shareholder Approval of Business Combination with Cansortium and Cansortium Announces Shareholder Approval of the Amendment Proposal
TORONTO , Aug. 27, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, is pleased to announce that holders ("RIV Shareholders") of Class A common shares ("RIV Shares") of RIV Capital voted in favor of a special resolution (the "Arrangement Resolution") to approve the previously announced proposed business combination (the "Business Combination") with Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, at the Annual General and Special Meeting of RIV Shareholders (the "RIV Meeting") held earlier today. Cansortium is also pleased to announce that holders ("Cansortium Shareholders") of common shares of Cansortium voted in favor of a special resolution (the "Amendment Proposal") to authorize an amendment to its articles to, among other things, create a new class of non-voting exchangeable shares in connection with the Business Combination, at the annual general and special meeting of Cansortium Shareholders (the "Cansortium Meeting") held earlier today.
08/21 17:01 EST - prnewswire.com
RIV Capital sets date for financial results for second quarter ended June 30, 2024
TORONTO , Aug. 21, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, will report its financial results for the three and six months ended June 30, 2024, before markets open on Wednesday, August 28, 2024. The Company's unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2024, will be available on the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.rivcapital.com/investors.
RIV Capital sets date for financial results for second quarter ended June 30, 2024
TORONTO , Aug. 21, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, will report its financial results for the three and six months ended June 30, 2024, before markets open on Wednesday, August 28, 2024. The Company's unaudited condensed interim consolidated financial statements and management's discussion and analysis for the three and six months ended June 30, 2024, will be available on the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.rivcapital.com/investors.
08/19 17:01 EST - prnewswire.com
RIV Capital and Cansortium Inc. Provide Integration Update Ahead of Completing Merger
Encourages Shareholders to Vote Well in Advance of the Proxy Deadline of 9:30 a.m. (Eastern time) on August 23, 2024 TORONTO , Aug. 19, 2024 /PRNewswire/ - August 19, 2024 - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, and Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, today provided an update on the integration activities currently underway, in preparation for the completion of the previously announced business combination.
RIV Capital and Cansortium Inc. Provide Integration Update Ahead of Completing Merger
Encourages Shareholders to Vote Well in Advance of the Proxy Deadline of 9:30 a.m. (Eastern time) on August 23, 2024 TORONTO , Aug. 19, 2024 /PRNewswire/ - August 19, 2024 - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, and Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, today provided an update on the integration activities currently underway, in preparation for the completion of the previously announced business combination.
08/14 08:04 EST - seekingalpha.com
RIV: Good Fund With A Solid Strategy, But Price Is A Bit High
RiverNorth Opportunities Fund offers a high current yield of 12.41%, much higher than its peers. The fund focuses on closed-end funds, ETFs, SPACs, and BDCs to capitalize on market inefficiencies. The fund's strategy works pretty well for delivering both a high level of current income and capital gains.
RIV: Good Fund With A Solid Strategy, But Price Is A Bit High
RiverNorth Opportunities Fund offers a high current yield of 12.41%, much higher than its peers. The fund focuses on closed-end funds, ETFs, SPACs, and BDCs to capitalize on market inefficiencies. The fund's strategy works pretty well for delivering both a high level of current income and capital gains.
06/25 08:00 EST - prnewswire.com
RIV Capital Strengthens Senior Leadership Team Ahead of Anticipated Transformational Merger with Cansortium Inc.
Appoints Experienced New York and California Cannabis Executive, David Vautrin as Chief Retail Officer to Lead Retail Platform TORONTO , June 25, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, and Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced the appointment of David Vautrin as Chief Retail Officer ("CRO") of RIV Capital, effective June 18 th, 2024. David will initially oversee retail and wholesale operations in New York, ahead of the anticipated completion of the previously announced business combination with Cansortium, upon which time it is expected that he will assume responsibility for the combined company's retail footprint.
RIV Capital Strengthens Senior Leadership Team Ahead of Anticipated Transformational Merger with Cansortium Inc.
Appoints Experienced New York and California Cannabis Executive, David Vautrin as Chief Retail Officer to Lead Retail Platform TORONTO , June 25, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, and Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) ("Cansortium"), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced the appointment of David Vautrin as Chief Retail Officer ("CRO") of RIV Capital, effective June 18 th, 2024. David will initially oversee retail and wholesale operations in New York, ahead of the anticipated completion of the previously announced business combination with Cansortium, upon which time it is expected that he will assume responsibility for the combined company's retail footprint.
05/30 10:20 EST - prnewswire.com
RIV Capital Reports Financial Results for the First Quarter Ended March 31, 2024
Successfully opened first adult-use dispensary in White Plains, New York Ended the quarter with $65.9 million of cash to support growth strategy in New York and other initiatives in connection with proposed business combination with Cansortium Inc. TORONTO , May 30, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, today released its financial results for the first quarter ended March 31, 2024 ("Q1 2024"). All financial information in this press release is reported in U.S. dollars unless otherwise indicated.
RIV Capital Reports Financial Results for the First Quarter Ended March 31, 2024
Successfully opened first adult-use dispensary in White Plains, New York Ended the quarter with $65.9 million of cash to support growth strategy in New York and other initiatives in connection with proposed business combination with Cansortium Inc. TORONTO , May 30, 2024 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, today released its financial results for the first quarter ended March 31, 2024 ("Q1 2024"). All financial information in this press release is reported in U.S. dollars unless otherwise indicated.
05/30 10:07 EST - marketwatch.com
Scotts Miracle-Gro's RIV Capital to merge with Cansortium in cannabis tie-up
Florida-based Cansortium Inc. said Thursday it agreed to acquire RIV Capital Inc. in an all-stock cannabis company deal that will eliminate $175 million in debt by RIV Capital owner Scotts Miracle-Gro Co.
Scotts Miracle-Gro's RIV Capital to merge with Cansortium in cannabis tie-up
Florida-based Cansortium Inc. said Thursday it agreed to acquire RIV Capital Inc. in an all-stock cannabis company deal that will eliminate $175 million in debt by RIV Capital owner Scotts Miracle-Gro Co.
05/30 07:28 EST - seekingalpha.com
RIV: This May Be Your Last Chance For The Discount
RiverNorth Opportunities Fund is a closed-end fund that invests in a diversified portfolio of equity, fixed income, and alternative assets. Despite a decline in price, RIV's total return has performed well compared to its benchmark, the Vanguard Balanced Index Fund. RIV currently trades below its average discount, making it an attractive option for income-focused portfolios with a high distribution rate of 12.72%.
RIV: This May Be Your Last Chance For The Discount
RiverNorth Opportunities Fund is a closed-end fund that invests in a diversified portfolio of equity, fixed income, and alternative assets. Despite a decline in price, RIV's total return has performed well compared to its benchmark, the Vanguard Balanced Index Fund. RIV currently trades below its average discount, making it an attractive option for income-focused portfolios with a high distribution rate of 12.72%.
05/20 17:00 EST - businesswire.com
RiverNorth Opportunities Fund, Inc. Announces Change in Fiscal Year End
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) is pleased to announce that on May 14-15, 2024, the Board of Directors of the Fund (the “Board”) approved a change to the fiscal year end (“FYE”) of the Fund, as set forth in the table below. Fund Ticker Current FYE New FYE RiverNorth Opportunities Fund, Inc. RIV July 31 June 30 This change was made to increase efficiencies and reduce operating costs for the Fund by bringing it into alignment wi.
RiverNorth Opportunities Fund, Inc. Announces Change in Fiscal Year End
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) is pleased to announce that on May 14-15, 2024, the Board of Directors of the Fund (the “Board”) approved a change to the fiscal year end (“FYE”) of the Fund, as set forth in the table below. Fund Ticker Current FYE New FYE RiverNorth Opportunities Fund, Inc. RIV July 31 June 30 This change was made to increase efficiencies and reduce operating costs for the Fund by bringing it into alignment wi.
04/01 17:00 EST - businesswire.com
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record Date Payable Date April 12, 2024 April 15, 2024 April 30, 2024 May 14, 2024 May 15, 2024 May 31, 2024 June 14, 2024 June 14, 2024 June 28, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 3/28/2024 Annualized Curr.
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record Date Payable Date April 12, 2024 April 15, 2024 April 30, 2024 May 14, 2024 May 15, 2024 May 31, 2024 June 14, 2024 June 14, 2024 June 28, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 3/28/2024 Annualized Curr.
03/12 22:23 EST - seekingalpha.com
RIV: Attractive Discount, But Could Get More Attractive
RiverNorth Opportunities fund continues to trade at an attractive valuation relative to its historical level. The fund is highly diversified, with the largest exposure in other closed-end funds, and offers a multi-asset approach with an attractive distribution rate. The fund looks relatively attractive; however, it is overdue for a rights offering that it had done annually - a rights offering could see the discount widen further.
RIV: Attractive Discount, But Could Get More Attractive
RiverNorth Opportunities fund continues to trade at an attractive valuation relative to its historical level. The fund is highly diversified, with the largest exposure in other closed-end funds, and offers a multi-asset approach with an attractive distribution rate. The fund looks relatively attractive; however, it is overdue for a rights offering that it had done annually - a rights offering could see the discount widen further.
02/17 08:30 EST - 24/7 Wall Street
Want $5000 in Passive Income? Invest $5000 in These 7 Funds
Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.
Want $5000 in Passive Income? Invest $5000 in These 7 Funds
Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.
02/01 10:47 EST - seekingalpha.com
RIV: Increase Your Cash Stream With RiverNorth's 13.5% Level Distribution
I have added abrdn Global Infrastructure Income Fund and RiverNorth Opportunities Fund to my portfolio. RIV is a fund of funds that invests in various types of investments, including BDCs, CEFs, and SPACs. RIV offers a high yield and monthly distributions, and currently trades at a discount to NAV, making it an attractive option for income investors.
RIV: Increase Your Cash Stream With RiverNorth's 13.5% Level Distribution
I have added abrdn Global Infrastructure Income Fund and RiverNorth Opportunities Fund to my portfolio. RIV is a fund of funds that invests in various types of investments, including BDCs, CEFs, and SPACs. RIV offers a high yield and monthly distributions, and currently trades at a discount to NAV, making it an attractive option for income investors.
01/18 10:43 EST - seekingalpha.com
These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway
abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying stocks and offer a wide range of asset types and classes.
These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway
abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying stocks and offer a wide range of asset types and classes.
01/17 11:56 EST - seekingalpha.com
5 High Yield CEFs That Raised Distributions In 2024
Several high-yielding closed-end funds have announced increased monthly distributions for 2024. The funds mentioned have a forward annual yield exceeding 10%, except for one that yields 9.5%.
5 High Yield CEFs That Raised Distributions In 2024
Several high-yielding closed-end funds have announced increased monthly distributions for 2024. The funds mentioned have a forward annual yield exceeding 10%, except for one that yields 9.5%.