Range Impact, Inc. (RNGE)
Range Impact, Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Cleveland, OH, US. The stock last traded at $0.75, down 2.60% on the session, giving a market capitalisation of $89.7M. On trailing twelve-month figures it carries a trailing P/E of 7.37, a net margin of 306.2%. Its beta of 1.12 implies it has historically moved more than the broad market.
Range Impact, Inc., along with its affiliated companies, delivers health and wellness solutions throughout the United States. Its operations are structured across five primary divisions: Range Reclaim, Range Water, Range Security, Range Land, and Drug Development. A significant area of its work involves the advancement of VBX-100, a glycosylated tetrahydrocannabinol cannabinoid specifically designed to address inflammatory ailments of the gastrointestinal tract. Furthermore, the company offers environmental restoration services, encompassing land reclamation, water rehabilitation, and auxiliary mining activities for both industrial and non-industrial clients within the Appalachian region. It also provides sophisticated, technology-driven security oversight for operational and legacy mine sites. Established in 2007 and headquartered in Cleveland, Ohio, the organization adopted the name Range Impact, Inc. in December 2023, having previously operated as Malachite Innovations, Inc.
Range Impact, Inc. is most often compared with the following Basic Materials names: