MineralRite Corporation
RITE
Rank in Stocks
#29142
As of April 7, 2021, MineralRite Corporation was acquired by Southern Cars &... 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.
Share Price
$0.0014
Last synced: 2026-11-09
Market Cap
$8.75M
Change (1 day)
7.69%
Change (1 year)
-84.78%
Country
Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this
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Category
Basic Materials
Operating Margin for MineralRite Corporation (RITE)
Operating Margin as of November 2026 TTM: 0.00%
According to MineralRite Corporation's latest financial reports, its current operating margin (TTM) is 0.00%. At the end of 2025 the company had an operating margin of 0.00%.
Operating Margin history for MineralRite Corporation from 2003 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 0.00% | 0.00% |
| 2025 | 0.00% | -100.00% |
| 2024 | -7,323.72% | 0.00% |
| 2023 | 0.00% | -100.00% |
| 2013 | -390.99% | 252.53% |
| 2012 | -110.91% | 98.66% |
| 2011 | -55.83% | 17.59% |
| 2010 | -47.48% | -91.48% |
| 2009 | -557.29% | 0.00% |
| 2008 | 0.00% | 0.00% |
| 2007 | 0.00% | 0.00% |
| 2006 | 0.00% | 0.00% |
| 2005 | 0.00% | -100.00% |
| 2004 | -1,320.96% | 10.48% |
| 2003 | -1,195.65% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 59.26% | - |
MX
|
|
| 35.85% | - |
RU
|
|
| 0.00% | - |
MX
|
|
| 48.22% | - |
ID
|
|
| 16.96% | - |
SE
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about MineralRite Corporation's operating margin
What was MineralRite Corporation's operating margin in 2025?
In 2025, MineralRite Corporation's operating margin was 0.00%, compared with -7,323.72% in 2024.
How has MineralRite Corporation's operating margin changed since 2023?
From 2023 to 2025, MineralRite Corporation's operating margin was highest in 2025 (0.00%) and lowest in 2024 (-7,323.72%).
How does MineralRite Corporation's operating margin compare with similar companies?
MineralRite Corporation's operating margin (0.00%) is lower than that of all 5 similar companies listed above. The highest among them is Fresnillo plc, with 59.26%.