MineralRite Corporation - ROE
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
PE Ratio
[-0.05]
ROE
[-0.08%]
Current Ratio
[0.02]
Dividend Yield
[0%]
Enterprise Value
[10.60M]
Dividend History
The ROE as of August 2026 (TTM) for MineralRite Corporation (RITE) is -0.08%
According to MineralRite Corporation’s latest financial reports and current stock price. The company's current ROE is -0.08%. This represents a change of 300.52% compared to the average of -0.02% of the last 4 quarters.
MineralRite Corporation (RITE) Historical ROE (quarterly & annually)
How has RITE ROE performed in the past?
The mean historical ROE of MineralRite Corporation over the last ten years is -1.68%. The current -0.08% ROE has changed -95.04% with respect to the historical average. Over the past ten years (40 quarters), RITE's ROE was at its highest in in the June 2024 quarter at 655.00%. The ROE was at its lowest in in the December 2012 quarter at -344.65%.
Average
-1.68%
Median
40.33%
Minimum
-464.50%
Maximum
349.06%
MineralRite Corporation (RITE) ROE by Quarter and Year
Discovering the peaks and valleys of MineralRite Corporation ROE, 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 = 383.37%
Maximum Annual ROE = 349.06%
Minimum Annual Increase = -399.51%
Minimum Annual ROE = -464.50%
| Year | ROE | Change |
|---|---|---|
| 2025 | -0.07% | -173.19% |
| 2024 | 0.09% | -98.90% |
| 2023 | 8.45% | -101.82% |
| 2013 | -464.50% | 61.93% |
| 2012 | -286.85% | -399.51% |
| 2011 | 95.77% | -13.01% |
| 2010 | 110.09% | 11.27% |
| 2009 | 98.94% | -71.65% |
| 2008 | 349.06% | 383.37% |
| 2007 | 72.21% | -17.25% |
MineralRite Corporation (RITE) Average ROE
How has RITE ROE performed in the past?
The current ROE of MineralRite Corporation (RITE) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.82%
5-year avg
-148.58%
10-year avg
-1.68%
MineralRite Corporation (RITE) ROE vs. Peers
How is RITE’s ROE compared to its peers?
MineralRite Corporation’s ROE is greater than Defiance Silver Corp. (-4.50%), greater than Canterra Minerals Corporation (-26.36%), less than Patagonia Gold Corp. (626.64%), greater than Metallic Minerals Corp. (-59.49%), greater than Viscount Mining Corp. (-11.59%), greater than Kodiak Copper Corp. (-3.31%), greater than Teuton Resources Corp. (-3.38%), greater than Adyton Resources Corporation (-11.34%), greater than NevGold Corp. (-29.21%), greater than American Sierra Gold Corp. (-4.90%),
| Company | ROE | Market cap |
|---|---|---|
| -4.50% | $49.65M | |
| -26.36% | $37.99M | |
| 626.64% | $178.51M | |
| -59.49% | $30.96M | |
| -11.59% | $25.25M | |
| -3.31% | $47.43M | |
| -3.38% | $67.10M | |
| -11.34% | $61.54M | |
| -29.21% | $208.07M | |
| -4.90% | $91.38M |
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