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Range Impact Expands with Fola Mine Acquisition

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Range Impact Expands with Fola Mine Acquisition

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An announcement from Range Impact ( (RNGE) ) is now available.

On June 30, 2025, Range Sky View Land LLC, a subsidiary of Range Impact, Inc., entered into a Purchase and Sale Agreement with WV Reclaim Co, LLC to acquire two permits and a coal royalty agreement associated with the Fola Mine Complex in West Virginia. This acquisition, along with an additional coal lease from AppleAtcha Land LLC, is part of Range Impact’s strategy to expand its investment in the Fola Mine Complex. The transactions are expected to provide several years of royalty income, aiding in the reclamation and repurposing of the site, which aligns with the company’s mission to unlock land value for local communities and shareholders.

Spark’s Take on RNGE Stock

According to Spark, TipRanks’ AI Analyst, RNGE is a Neutral.

RNGE’s overall stock score is driven by its concerning financial performance and weak valuation. However, the recent acquisition of the Fola Mine Complex presents a potential avenue for strategic growth and value creation. The technical analysis suggests a neutral trend, offering no strong indication of upward or downward momentum.

To see Spark’s full report on RNGE stock, click here.

More about Range Impact

Range Impact, Inc., headquartered in Cleveland, Ohio, is a public company focused on impact investing by acquiring, reclaiming, and repurposing distressed coal mines and undervalued land in economically disadvantaged communities throughout Appalachia. The company aims to address environmental, social, and health challenges while generating strong investment returns for its shareholders.

Average Trading Volume: 29,034

Technical Sentiment Signal: Sell

Current Market Cap: $21.18M

Find detailed analytics on RNGE stock on TipRanks’ Stock Analysis page.

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