MineralRite Corporation

OTCPK:RITE Stock Report

Market Cap: US$6.5m

MineralRite Past Earnings Performance

Past criteria checks 3/6

There is insufficient data on MineralRite's performance over the last few years.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining Industry Growth26.4%
Revenue growth raten/a
Return on equity0.09%
Net Margin7,935.2%
Last Earnings Update31 Dec 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How MineralRite makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:RITE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 240000
31 Dec 230000
30 Sep 140-720
30 Jun 140-420

Quality Earnings: RITE has high quality earnings.

Growing Profit Margin: RITE became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RITE has become profitable over the past 5 years.

Accelerating Growth: RITE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RITE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-38.5%).


Return on Equity

High ROE: RITE's Return on Equity (0.09%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 00:21
End of Day Share Price 2025/05/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MineralRite Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.