company background image
RITE

MineralRite OTCPK:RITE Stock Report

Last Price

US$0.0004

Market Cap

US$1.7m

7D

33.3%

1Y

-20.0%

Updated

09 May, 2024

Data

Company Financials

MineralRite Corporation

OTCPK:RITE Stock Report

Market Cap: US$1.7m

RITE Stock Overview

MineralRite Corporation engages in the acquisition, exploration, and development of mining opportunities in Utah.

RITE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MineralRite Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MineralRite
Historical stock prices
Current Share PriceUS$0.0004
52 Week HighUS$0.001
52 Week LowUS$0.0001
Beta0
1 Month Change33.33%
3 Month Change0%
1 Year Change-20.00%
3 Year Change-63.64%
5 Year Change300.00%
Change since IPO-100.00%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

RITEUS Metals and MiningUS Market
7D33.3%3.7%2.7%
1Y-20.0%29.1%26.0%

Return vs Industry: RITE underperformed the US Metals and Mining industry which returned 21.9% over the past year.

Return vs Market: RITE underperformed the US Market which returned 25% over the past year.

Price Volatility

Is RITE's price volatile compared to industry and market?
RITE volatility
RITE Average Weekly Movement34.2%
Metals and Mining Industry Average Movement8.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: RITE's share price has been volatile over the past 3 months.

Volatility Over Time: RITE's weekly volatility has decreased from 47% to 34% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1996n/aGuy Peckhamn/a

MineralRite Corporation engages in the acquisition, exploration, and development of mining opportunities in Utah. The company, through its subsidiary, Goldfield International, Inc., manufactures and sells alluvial gold, diamond, and other gem stone recovery equipment; and equipment for environmental clean-up projects, including barges, clarifiers, lead recovery systems, dryers, conveyors, and hoppers, as well as other mechanical equipment. The company was formerly known as Royal Quantum Group, Inc. and changed its name to MineralRite Corporation in October 2012.

MineralRite Corporation Fundamentals Summary

How do MineralRite's earnings and revenue compare to its market cap?
RITE fundamental statistics
Market capUS$1.74m
Earnings (TTM)-US$7.32m
Revenue (TTM)US$434.19k

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RITE income statement (TTM)
RevenueUS$434.19k
Cost of RevenueUS$274.35k
Gross ProfitUS$159.84k
Other ExpensesUS$7.48m
Earnings-US$7.32m

Last Reported Earnings

Sep 30, 2014

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did RITE perform over the long term?

See historical performance and comparison
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