MineralRite Corporation (RITE) Stock
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.
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About MineralRite Corporation
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.
MineralRite Corporation (RITE) stock trades at $0.00 with a market capitalization of $10.90M. The stock is valued at a price-to-earnings (P/E) ratio of -18.35, price-to-book of 0.03, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.00 and $0.02, and currently trades 100.0% below its 52-week high.
On profitability, MineralRite Corporation generates a return on equity (ROE) of 0.00%, return on capital employed of -0.25%, an operating margin of 0.00%, a net profit margin of 0.00%.
Official website: mineral-rite.com