Is MineralRite Corporation stock a buy?

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for MineralRite Corporation 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $0.0001, you would have made a profit of $0.0005 per share or 500.00%

No, the average daily trading liquidity for MineralRite Corporation is $12.70 million. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

MineralRite Corporation has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 4.15, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for MineralRite Corporation to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.