MineralRite Corporation (RITE) Stock Overview

MineralRite Corporation engages in the acquisition, exploration, and development of mining opportunities in Utah. The company, through its subsidiary, Goldfield International, Inc., manufactures and sells alluvial gold, diamond, and other gem stone recovery equipment; and equipment for environmental clean-up projects, including barges, clarifiers, lead recovery systems, dryers, conveyors, and hoppers, as well as other mechanical equipment. 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 Lindon, Utah.