MineralRite Corporation

MineralRite Corporation - Enterprise Valueverified

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

The Enterprise Value as of August 2026 (TTM) for MineralRite Corporation (RITE) is 10.60M

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.

MineralRite Corporation (RITE) Historical Enterprise Value (quarterly & annually)

How has RITE Enterprise Value performed in the past?

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.

Quarterly (TTM)
Annual

Average

15.77M

Median

9.59M

Minimum

1.65M

Maximum

39.64M

MineralRite Corporation (RITE) Enterprise Value by Quarter and Year

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

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202536.29M1.22%
20242.74M-24.31%
20233.63M120.14%
20131.65M-50.84%
20123.35M-48.26%
20116.47M-49.08%
201012.71M-65.98%
200937.37M170.58%
200813.81M-65.16%
200739.64M213.52%

MineralRite Corporation (RITE) Average Enterprise Value

How has RITE Enterprise Value performed in the past?

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 (RITE) Enterprise Value vs. Peers

How is RITE’s Enterprise Value compared to its peers?

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),

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