RITE
Price:
$0.0017
Market Cap:
$10.59M
As of April 7, 2021, MineralRite Corporation was acquired by Southern Cars & Trucks, Inc. MineralRite Corporation, a development stage company, operates in the mineral and mining industry. It focuses on the manufacture, sale, and lease of mining and mineral processing equipment; purchase and development of minerals and mineral backed assets; management of mineral offtake activities; and purchase and sale of precious metals. The company was formerly known as Royal Quantum Group, Inc. and changed its name to MineralRite Corporation in October 2012. MineralRite Corporation was incorporated in 1996 and is based in Dallas, Texas.
Industry
Other Precious Metals
IPO Date
2002-09-30
Stock Exchange
OTC
Ticker
RITE
According to MineralRite Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 10.60M. This represents a change of -61.37% compared to the average of 27.45M of the last 4 quarters.
The mean historical Enterprise Value of MineralRite Corporation over the last ten years is 15.77M. The current 10.60M Enterprise Value has changed 6.63% with respect to the historical average. Over the past ten years (40 quarters), RITE's Enterprise Value was at its highest in in the March 2008 quarter at 151.99M. The Enterprise Value was at its lowest in in the September 2014 quarter at 633.78K.
Average
15.77M
Median
9.59M
Minimum
1.65M
Maximum
39.64M
Discovering the peaks and valleys of MineralRite Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.22%
Maximum Annual Enterprise Value = 39.64M
Minimum Annual Increase = -65.98%
Minimum Annual Enterprise Value = 1.65M
| Year | Enterprise Value | Change |
|---|---|---|
| 2025 | 36.29M | 1.22% |
| 2024 | 2.74M | -24.31% |
| 2023 | 3.63M | 120.14% |
| 2013 | 1.65M | -50.84% |
| 2012 | 3.35M | -48.26% |
| 2011 | 6.47M | -49.08% |
| 2010 | 12.71M | -65.98% |
| 2009 | 37.37M | 170.58% |
| 2008 | 13.81M | -65.16% |
| 2007 | 39.64M | 213.52% |
The current Enterprise Value of MineralRite Corporation (RITE) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
14.22M
5-year avg
9.53M
10-year avg
15.77M
MineralRite Corporation’s Enterprise Value is less than Defiance Silver Corp. (59.74M), less than Canterra Minerals Corporation (43.75M), less than Patagonia Gold Corp. (263.69M), less than Metallic Minerals Corp. (42.98M), less than Viscount Mining Corp. (31.60M), less than Kodiak Copper Corp. (58.69M), less than Teuton Resources Corp. (92.68M), less than Adyton Resources Corporation (82.91M), less than NevGold Corp. (289.14M), less than American Sierra Gold Corp. (93.25M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 59.74M | $49.65M | |
| 43.75M | $37.99M | |
| 263.69M | $178.51M | |
| 42.98M | $30.96M | |
| 31.60M | $25.25M | |
| 58.69M | $47.43M | |
| 92.68M | $67.10M | |
| 82.91M | $61.54M | |
| 289.14M | $208.07M | |
| 93.25M | $91.38M |
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What is MineralRite Corporation's Enterprise Value?
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How does the current Enterprise Value for MineralRite Corporation (RITE) compare to its historical average?