| RITE Stock | | | USD 0.0005 0.0002 28.57% |
CEO
Mr. Guy Peckham is Principal Executive Officer, Principal Accounting Officer, President, CEO and Director of MineralRite Corporationrationration, effective August 17, 2012. He was an entrepreneur and business consultant for the past 20 years. Structuring, developing and financing early stage companies with both private and public equity. During the past 7 years, Mr. Peckham was working in China as an independent consultant and executive for boutique VC firms. Mr. Peckham was former President and Director from December 11, 2006 through April 8, 2010 of Green Energy Renewable Solutions, Inc., . since 2012.
| Age | 59 |
| Tenure | 12 years |
| Phone | 801-796-8944 |
| Web | http://www.mineralrite.com |
Mineralrite Corporat Management Efficiency
The company has return on total asset
(ROA) of
(0.4053) % which means that it has lost $0.4053 on every $100 spent on assets. This is way below average. Mineralrite Corporat's management efficiency ratios could be used to measure how well Mineralrite Corporat manages its routine affairs as well as how well it operates its assets and liabilities.
Mineralrite Corporat currently holds 29.82
K in liabilities with Debt to Equity
(D/E) ratio of 0.91, which is about average as compared to similar companies. Mineralrite Corporat has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Mineralrite Corporat until it has trouble settling it off, either with new capital or with free cash flow. So, Mineralrite Corporat's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mineralrite Corporat sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mineralrite to invest in growth at high rates of return. When we think about Mineralrite Corporat's use of debt, we should always consider it together with cash and equity.
MineralRite Corporation engages in the acquisition, exploration, and development of mining opportunities in Utah. MineralRite Corporation was incorporated in 1996 and is based in Lindon, Utah. Mineralrite Corporat is traded on OTC Exchange in the United States. Mineralrite Corporat [RITE] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Mineralrite Corporat Management Team
Elected by the shareholders, the Mineralrite Corporat's board of directors comprises two types of representatives: Mineralrite Corporat inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mineralrite. The board's role is to monitor Mineralrite Corporat's management team and ensure that shareholders' interests are well served. Mineralrite Corporat's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mineralrite Corporat's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mineralrite Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Mineralrite Corporat a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Other Information on Investing in Mineralrite Pink Sheet
Mineralrite Corporat financial ratios help investors to determine whether Mineralrite Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mineralrite with respect to the benefits of owning Mineralrite Corporat security.