As of April 7, 2021, MineralRite Corporation (RITE) Fair Value & Analysis
Basic Materials · US · Market cap $21.8M
As of April 7, 2021, MineralRite Corporation
RITE · US
Fair value as of: Jun 26, 2026
From 1 valuation models · updated 7 days ago
Fair value updated Jun 26, 2026 — revised from $0.2100 to $0.0028 (−98.7%) since Jun 24, 2026. Share price −31.6% over the past month.
Price vs Fair Value (12 months)
12‑month range $0.0019 – $0.0210 · fair‑value band $0.0028 – $0.0028 · the $0.0028 price screens below the $0.0028 fair value. As of Jun 26, 2026.
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As of April 7, 2021, MineralRite Corporation (RITE) currently trades at $0.0028, while our model-based Fair Value estimate is $0.0028 — implying the stock looks roughly 0.2% undervalued today. We read business quality at 35/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.
Trailing-twelve-month revenue stands at $5.0K. Revenue grew 29.7% year over year. It earns a return on equity of -0.1%. Fundamentals as of Jun 26, 2026
Key figures & financial health
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
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.
Revenue & earnings trend
FY2011 – FY2025 · reported fiscal years
As of April 7, 2021, MineralRite Corporation reported revenue of $0 in FY2025 versus $525K in FY2011. Reported net income was −$292K in FY2025.
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Similar stocks
6 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Fresnillo plc FRES | 750.00 MXN | 32.56 MXN | -96% |
| Valterra Platinum Limited ANGPY | $12.20 | $7.22 | -41% |
| Hecla Mining Company HCL | €13.87 | €8.15 | -41% |
| Impala Platinum Holdings IMPUF | $11.55 | $2.07 | -82% |
| Northam Platinum Holdings NPTLF | $24.00 | $3.59 | -85% |
| Compañía de Minas Buenaventura S.A. BVN | $31.00 | $29.96 | -3% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.