RITE
MineralRite Corporation
Price Chart
Latest Quote
$0.00
+0.00 (+6.06%)
Current Price
| Previous Close | $0.00 |
| Open | $0.00 |
| Day High | $0.00 |
| Day Low | $0.00 |
| Volume | 7,844,702 |
Stock Information
| Shares Outstanding | 6.23B |
| Total Debt | $36K |
| Cash Equivalents | $22K |
| Net Income | $-357K |
| Sector | Basic Materials |
| Industry | Other Precious Metals & Mining |
| Market Cap | $21.80M |
| Exchange | OID |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $193.34M |
| Income | $-357K |
| Book/sh | $0.04 |
| Cash/sh | $0.00 |
Financial Ratios
| Quick Ratio | 0.00 |
| Current Ratio | 0.02 |
| Debt/Eq | 0.01 |
Returns & Margins
| ROA | -0.07% |
| ROE | -0.08% |
Ownership
| Insider Ownership | 14.54% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/B | 0.09 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.00 |
| SMA50 | $0.00 |
| SMA200 | $0.01 |
| RSI | 30.56 |
| ATR | 0.0008 |
| Shares Float | 5.02B |
| Volatility | -333.92 |
| Rel Volume | 0.81 |
Performance History
| Week | -5.41% |
| Month | -32.69% |
| Quarter | +66.67% |
| 6 Months | -56.79% |
| YTD | -60.23% |
| Year | +52.17% |
| 3 Years | +677.78% |
| 5 Years | +75.00% |
| 10 Years | +3400.00% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-16 | $0.00 | 7,844,702 |
| 2026-06-15 | $0.00 | 5,121,095 |
| 2026-06-12 | $0.00 | 3,314,208 |
| 2026-06-11 | $0.00 | 5,626,346 |
| 2026-06-10 | $0.00 | 7,805,395 |
| 2026-06-09 | $0.00 | 8,236,226 |
| 2026-06-08 | $0.00 | 5,625,301 |
| 2026-06-05 | $0.00 | 7,014,198 |
| 2026-06-04 | $0.00 | 15,519,249 |
| 2026-06-03 | $0.00 | 8,164,660 |
| 2026-06-02 | $0.00 | 8,872,305 |
| 2026-06-01 | $0.00 | 9,745,946 |
| 2026-05-29 | $0.00 | 10,011,620 |
| 2026-05-28 | $0.00 | 33,646,560 |
| 2026-05-27 | $0.00 | 25,627,550 |
| 2026-05-26 | $0.00 | 5,941,903 |
| 2026-05-22 | $0.00 | 5,049,820 |
| 2026-05-21 | $0.00 | 5,117,134 |
| 2026-05-20 | $0.00 | 11,395,182 |
| 2026-05-19 | $0.00 | 3,197,534 |
| 2026-05-18 | $0.00 | 2,482,970 |
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.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | ||
| Reconciled Cost Of Revenue | $0 | $0 |
| Cost Of Revenue | $0 | $0 |
| Total Revenue | $0 | $5,000 |
| Operating Revenue | $0 | $5,000 |
| Expenses | ||
| Interest Expense | $0 | $0 |
| Total Expenses | $434,624 | $371,186 |
| Other Income Expense | $143,300 | $763,378 |
| Other Non Operating Income Expenses | $117,500 | $763,378 |
| Net Non Operating Interest Income Expense | $-195 | $-430 |
| Total Other Finance Cost | $195 | $430 |
| Interest Expense Non Operating | $0 | $0 |
| Operating Expense | $434,624 | $371,186 |
| Other Operating Expenses | $45,925 | $28,806 |
| Selling And Marketing Expense | $36,758 | $13,384 |
| General And Administrative Expense | $343,883 | $197,111 |
| Income & Earnings | ||
| Net Income From Continuing Operation Net Minority Interest | $-291,519 | $396,762 |
| Net Interest Income | $-195 | $-430 |
| Interest Income | $0 | $0 |
| Normalized Income | $-317,319 | $396,762 |
| Net Income From Continuing And Discontinued Operation | $-291,519 | $396,762 |
| Total Operating Income As Reported | $-434,819 | $-366,616 |
| Net Income Common Stockholders | $-291,519 | $396,762 |
| Net Income | $-291,519 | $396,762 |
| Net Income Including Noncontrolling Interests | $-291,519 | $396,762 |
| Net Income Continuous Operations | $-291,519 | $396,762 |
| Pretax Income | $-291,519 | $396,762 |
| Interest Income Non Operating | $0 | $0 |
| Operating Income | $-434,624 | $-366,186 |
| Depreciation Amortization Depletion Income Statement | $0 | $121,648 |
| Depreciation And Amortization In Income Statement | $0 | $121,648 |
| Gross Profit | $0 | $5,000 |
| Per Share | ||
| Diluted EPS | - | $0.00 |
| Basic EPS | - | $0.00 |
| Other | ||
| Tax Effect Of Unusual Items | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-317,319 | $518,410 |
| Total Unusual Items | $25,800 | - |
| Total Unusual Items Excluding Goodwill | $25,800 | - |
| Reconciled Depreciation | $0 | $121,648 |
| EBITDA (Bullshit earnings) | $-291,519 | $518,410 |
| EBIT | $-291,519 | $396,762 |
| Diluted NI Availto Com Stockholders | $-291,519 | $396,762 |
| Tax Provision | $0 | $0 |
| Gain On Sale Of Security | $25,800 | - |
| Research And Development | $8,058 | $10,237 |
| Selling General And Administration | $380,641 | $210,495 |
| Other Gand A | $288,751 | $194,531 |
| Insurance And Claims | $55,132 | $2,580 |
| Diluted Average Shares | - | $5,953,338,005 |
| Basic Average Shares | - | $4,352,178,005 |
Fetched: 2026-04-03
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Assets | ||
| Net Tangible Assets | $428,767,012 | $427,080,466 |
| Total Assets | $433,828,780 | $432,256,954 |
| Total Non Current Assets | $433,682,800 | $432,240,000 |
| Non Current Prepaid Assets | $0 | $0 |
| Current Assets | $145,980 | $16,954 |
| Prepaid Assets | $134,363 | $6,496 |
| Inventory | $0 | $0 |
| Receivables | $0 | $0 |
| Notes Receivable | $0 | $0 |
| Accounts Receivable | $0 | $0 |
| Cash Cash Equivalents And Short Term Investments | $11,617 | $10,458 |
| Cash And Cash Equivalents | $11,617 | $10,458 |
| Debt | ||
| Net Debt | $3,903 | $135,264 |
| Total Debt | $15,520 | $145,722 |
| Long Term Debt And Capital Lease Obligation | $15,520 | $145,722 |
| Long Term Debt | $15,520 | $145,722 |
| Liabilities | ||
| Total Liabilities Net Minority Interest | $5,061,768 | $5,176,488 |
| Total Non Current Liabilities Net Minority Interest | $15,520 | $145,722 |
| Derivative Product Liabilities | $0 | $0 |
| Current Liabilities | $5,046,248 | $5,030,766 |
| Other Current Liabilities | $4,997,300 | $5,000,000 |
| Payables And Accrued Expenses | $48,948 | $30,766 |
| Payables | $48,948 | $30,766 |
| Accounts Payable | $48,948 | $30,766 |
| Equity | ||
| Common Stock Equity | $255,438,308 | $254,063,362 |
| Preferred Stock Equity | $173,328,704 | $173,017,104 |
| Total Equity Gross Minority Interest | $428,767,012 | $427,080,466 |
| Stockholders Equity | $428,767,012 | $427,080,466 |
| Gains Losses Not Affecting Retained Earnings | $0 | $0 |
| Retained Earnings | $-4,761,821 | $-4,470,302 |
| Other | ||
| Ordinary Shares Number | $4,347,776,842 | $4,347,776,842 |
| Share Issued | $4,347,776,842 | $4,347,776,842 |
| Tangible Book Value | $255,438,308 | $254,063,362 |
| Invested Capital | $255,453,828 | $254,209,084 |
| Working Capital | $-4,900,268 | $-5,013,812 |
| Total Capitalization | $428,782,532 | $427,226,188 |
| Additional Paid In Capital | $256,312,494 | $254,646,029 |
| Capital Stock | $177,216,339 | $176,904,739 |
| Common Stock | $3,887,635 | $3,887,635 |
| Preferred Stock | $173,328,704 | $173,017,104 |
| Investments And Advances | $51,300 | $0 |
| Investment Properties | $1,380,000 | $0 |
| Net PPE | $432,251,500 | $432,240,000 |
| Accumulated Depreciation | $-198,414 | $-198,414 |
| Gross PPE | $432,449,914 | $432,438,414 |
| Other Properties | $438,414 | $438,414 |
Fetched: 2026-04-03
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Free Cash Flow | ||
| Free Cash Flow | $-317,904 | $-378,410 |
| Operating Activities | ||
| Operating Cash Flow | $-306,404 | $-378,410 |
| Cash Flow From Continuing Operating Activities | $-306,404 | $-378,410 |
| Operating Gains Losses | $-117,500 | $-900,876 |
| Investing Activities | ||
| Capital Expenditure | $-11,500 | - |
| Investing Cash Flow | $-11,500 | $0 |
| Cash Flow From Continuing Investing Activities | $-11,500 | $0 |
| Financing Activities | ||
| Issuance Of Capital Stock | $203,900 | $353,009 |
| Financing Cash Flow | $319,063 | $381,231 |
| Cash Flow From Continuing Financing Activities | $319,063 | $381,231 |
| Cash Dividends Paid | $0 | $0 |
| Net Preferred Stock Issuance | $203,900 | $0 |
| Preferred Stock Issuance | $203,900 | $0 |
| Net Common Stock Issuance | $0 | $353,009 |
| Common Stock Issuance | $0 | $353,009 |
| Other | ||
| Repayment Of Debt | $-12,702 | $0 |
| Issuance Of Debt | $125,500 | $28,222 |
| End Cash Position | $11,617 | $10,458 |
| Beginning Cash Position | $10,458 | $7,637 |
| Changes In Cash | $1,159 | $2,821 |
| Proceeds From Stock Option Exercised | $2,365 | $0 |
| Net Issuance Payments Of Debt | $112,798 | $28,222 |
| Net Long Term Debt Issuance | $112,798 | $28,222 |
| Long Term Debt Payments | $-12,702 | $0 |
| Long Term Debt Issuance | $125,500 | $28,222 |
| Net Investment Purchase And Sale | $0 | $0 |
| Sale Of Investment | $0 | $0 |
| Purchase Of Investment | $0 | $0 |
| Net PPE Purchase And Sale | $-11,500 | $0 |
| Sale Of PPE | $0 | $0 |
| Purchase Of PPE | $-11,500 | $0 |
| Change In Working Capital | $46,682 | $4,056 |
| Change In Other Working Capital | $-2,700 | - |
| Change In Payables And Accrued Expense | $49,382 | $10,552 |
| Change In Payable | $49,382 | $10,552 |
| Change In Inventory | $0 | $0 |
| Change In Receivables | $0 | $-6,496 |
| Stock Based Compensation | $81,733 | $0 |
| Unrealized Gain Loss On Investment Securities | $-25,800 | $0 |
| Deferred Tax | $0 | $0 |
| Deferred Income Tax | $0 | $0 |
| Depreciation Amortization Depletion | $0 | $121,648 |
| Depreciation And Amortization | $0 | $121,648 |
| Net Income From Continuing Operations | $-291,519 | $396,762 |
Fetched: 2026-04-03