Range Impact, Inc. (RNGE) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Range Impact, Inc. (RNGE) trades at $0.7995 with AI Score 36/100 (Grade D). Range Impact, Inc. Market cap: $95.6M, Sector: Basic materials.
Price as of Aug 20, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for RNGE: RNGE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates RNGE against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
RNGE: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Range Impact, Inc. (RNGE) Materials & Commodity Exposure
Range Impact, Inc. is a diversified entity operating in basic materials and health and wellness, focusing on environmental restoration services in the Appalachian region and developing VBX-100 for gastrointestinal inflammatory ailments. The company leverages its multi-faceted approach to address both industrial and health-related market needs, headquartered in Cleveland, Ohio.
What Is the Investment Thesis for RNGE?
Range Impact, Inc. presents an investment profile characterized by its dual-pronged business model and specific financial metrics. With a market capitalization of $95.6M and a P/E ratio of 3.03, the company exhibits a notable profit margin of 311.3% and a gross margin of 25.8%, indicating strong profitability relative to its size. A Beta of 1.13 suggests moderate volatility compared to the broader market. Key growth catalysts include the ongoing development and potential commercialization of VBX-100, a specialized cannabinoid for gastrointestinal inflammatory ailments, which could unlock significant value in the biotechnology sector. Simultaneously, the expansion of its environmental restoration services, including land reclamation, water rehabilitation, and mine site security in the Appalachian region, represents a steady revenue stream within the basic materials sector. However, the company's trading on the OTC Other tier introduces inherent risks related to liquidity, regulatory oversight, and disclosure transparency. Investors should monitor progress in VBX-100 clinical milestones and the securing of new environmental contracts, while carefully assessing the implications of its OTC market status.
Based on FMP financials and quantitative analysis
RNGE Key Highlights
Market capitalization stands at $0.04 billion, reflecting the company's current valuation within the market.
- The P/E ratio is 3.03, indicating the market's valuation of its earnings.
- Range Impact, Inc. reported a profit margin of 311.3%, demonstrating substantial profitability relative to its revenue.
- The gross margin is 25.8%, which provides insight into the company's efficiency in managing its cost of goods sold.
- A Beta of 1.13 suggests the stock's price tends to be slightly more volatile than the overall market.
Who Are RNGE's Competitors?
RNGE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| WRSLF Winsome Resources Limited | $0.38 | +8.22% | $93.8M | 56 |
| NOVRF Nova Royalty Corp. | $1.09 | -3.22% | $103M | 59 |
| GLATF Global Atomic Corporation | $0.40 | +2.17% | $117M | 59 |
| ARRRF Ardea Resources Limited | $0.32 | +0.00% | $70.3M | 64 |
| AFTTF AfriTin Mining Limited | $0.05 | +0.00% | $70.0M | 52 |
| CAULF Cauldron Energy Limited | $0.07 | -22.12% | $135M | 53 |
| PLL Piedmont Lithium Inc. | $7.25 | -8.92% | $159M | 57 |
| SRHYY Syrah Resources Limited | $0.14 | +52.88% | $160M | 54 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are RNGE's Key Strengths?
Diversified business model across environmental services and drug development.
- High profit margin of 311.3% indicates strong profitability.
- Specialized focus on environmental restoration in the Appalachian region.
- Advancement of VBX-100 targets a potentially lucrative therapeutic market.
- Established operational history since 2007.
What Are RNGE's Weaknesses?
Relatively small market capitalization of $95.6M.
- Low gross margin of 25.8% compared to its profit margin suggests significant other income or cost management.
- Operations are concentrated in the Appalachian region for environmental services, limiting geographic diversification.
- Drug development is a capital-intensive and high-risk endeavor with uncertain timelines.
- Trades on the OTC Other tier, implying potential liquidity and transparency challenges.
What Could Drive RNGE Stock Higher?
RNGE catalyst: Achievement of key milestones in the development of VBX-100, such as successful completion of preclinical studies or initiation of human clinical trials, could significantly impact market perception and valuation.
- Securing new, substantial contracts for environmental restoration services or mine site security in the Appalachian region, demonstrating expansion and revenue growth in its basic materials segment.
- Continued progress in water rehabilitation projects, potentially leading to increased market share and recognition for its specialized environmental solutions.
- Any public disclosure of financial results or operational updates that improve transparency and provide clearer insight into the company's performance and strategic direction.
- Strategic partnerships or collaborations in either the drug development or environmental services divisions that could accelerate growth or reduce operational risks.
What Are the Key Risks for RNGE?
Financial-distress signal — its Altman Z-Score of 0.54 sits in the distress zone (elevated bankruptcy risk).
- The inherent high risk and capital intensity of drug development for VBX-100, including potential for clinical trial failures, regulatory delays, or lack of market acceptance.
- The company's trading on the OTC Other tier, which carries risks of limited liquidity, unknown disclosure status, and potential for price volatility, making it difficult for investors to trade shares.
- Intense competition in both the environmental services and pharmaceutical sectors, which could impact market share, pricing power, and profitability.
- Reliance on the Appalachian region for a significant portion of its environmental services, exposing it to regional economic fluctuations and regulatory changes.
- Operational risks associated with environmental projects, including potential for unforeseen challenges, cost overruns, or liability issues.
What Are the Growth Opportunities for RNGE?
- **Advancement and Commercialization of VBX-100:** The ongoing development of VBX-100, a glycosylated tetrahydrocannabinol cannabinoid targeting gastrointestinal inflammatory ailments, represents a significant growth opportunity. Successful clinical trials and subsequent regulatory approval could unlock access to this substantial market, positioning Range Impact, Inc. as an innovator in cannabinoid-based therapeutics. The timeline for this opportunity is long-term, spanning several years through clinical phases and commercialization.
- **Expansion of Environmental Restoration Services in Appalachia:** Range Impact, Inc. is well-positioned to capitalize on the increasing demand for environmental restoration services within the Appalachian region. This includes land reclamation, water rehabilitation, and auxiliary mining activities for both industrial and non-industrial clients. Stricter environmental regulations and a growing focus on corporate social responsibility drive this market, which is estimated to be worth billions annually in the US. By expanding its client base and service offerings, the company can secure more long-term contracts, leveraging its regional expertise and established operational capabilities over the next 3-5 years.
- **Growth in Technology-Driven Mine Site Security:** The provision of sophisticated, technology-driven security oversight for operational and legacy mine sites offers a distinct growth avenue. As mining operations face increasing scrutiny regarding safety, environmental compliance, and asset protection, the demand for advanced security solutions is rising. This market segment, which includes surveillance, access control, and environmental monitoring, is experiencing consistent growth. Range Impact, Inc. can expand its footprint by integrating new technologies and offering comprehensive security packages, potentially securing contracts with a broader range of mining companies over the medium term (2-4 years).
- **Diversification into New Reclamation Project Types:** Beyond traditional mining-related reclamation, there is an opportunity for Range Impact, Inc. to diversify its land reclamation services into other sectors requiring environmental remediation. This could include brownfield site redevelopment, post-industrial land restoration, or even large-scale ecological restoration projects. The market for environmental consulting and remediation services is robust, driven by urban redevelopment and infrastructure projects. By broadening its expertise and certifications, the company could tap into new revenue streams and client segments, expanding its addressable market over the next 3-5 years.
- **Increased Demand for Water Rehabilitation Solutions:** With growing concerns over water quality and scarcity, the market for water rehabilitation and treatment services is expanding significantly. Range Impact, Inc.'s water division can capitalize on this by offering advanced solutions for industrial wastewater treatment, acid mine drainage remediation, and natural water body restoration. This market is driven by regulatory compliance, public health concerns, and industrial needs, with global expenditures in the hundreds of billions. Developing proprietary water treatment technologies or forming strategic partnerships could enhance its competitive advantage and market share over the long term (5+ years).
What Are RNGE's Competitive Advantages?
- Specialized expertise in environmental restoration and auxiliary mining activities within the Appalachian region.
- Proprietary development of VBX-100, a unique cannabinoid for gastrointestinal inflammatory ailments, representing a potential first-mover advantage in a niche therapeutic area.
- Integrated service offerings combining land, water, and security solutions for mine sites, providing a comprehensive approach for clients.
- Established operational history since 2007, building experience and client relationships in its service areas.
- Diversified business model across basic materials and drug development, potentially mitigating risks associated with reliance on a single market.
What Does RNGE Do?
Range Impact, Inc., established in 2007 and headquartered in Cleveland, Ohio, has evolved into a diversified entity operating across five primary divisions: Range Reclaim, Range Water, Range Security, Range Land, and Drug Development. The company initially operated as Malachite Innovations, Inc., adopting its current name in December 2023. Its core business encompasses two distinct yet complementary areas: health and wellness solutions and environmental restoration services. In the health and wellness sector, Range Impact, Inc. is actively engaged in the advancement of VBX-100, a glycosylated tetrahydrocannabinol cannabinoid. This specific compound is being developed to target and address inflammatory ailments of the gastrointestinal tract, representing a significant long-term growth opportunity within the pharmaceutical space. Concurrently, the company provides comprehensive environmental restoration services, primarily focused on the Appalachian region. These services include critical land reclamation, water rehabilitation, and auxiliary mining activities, catering to both industrial and non-industrial clients. Furthermore, Range Impact, Inc. offers advanced, technology-driven security oversight solutions specifically designed for operational and legacy mine sites, enhancing safety and compliance within the mining industry. This dual operational focus positions Range Impact, Inc. uniquely at the intersection of biotechnology and environmental services, aiming to deliver value across diverse market segments.
What Products and Services Does RNGE Offer?
- Develops VBX-100, a glycosylated tetrahydrocannabinol cannabinoid for gastrointestinal inflammatory ailments.
- Provides land reclamation services for industrial and non-industrial clients.
- Offers water rehabilitation services, particularly in the Appalachian region.
- Conducts auxiliary mining activities.
- Delivers technology-driven security oversight for operational and legacy mine sites.
- Operates through five distinct divisions: Range Reclaim, Range Water, Range Security, Range Land, and Drug Development.
- Focuses on health and wellness solutions across the United States.
- Engages in environmental restoration services primarily within the Appalachian region.
How Does RNGE Make Money?
- Generates revenue from environmental restoration services, including land reclamation, water rehabilitation, and auxiliary mining activities, serving industrial and non-industrial clients.
- Earns income from providing sophisticated, technology-driven security oversight for mine sites.
- Invests in the research and development of pharmaceutical compounds like VBX-100, with potential future revenue from drug commercialization, licensing, or partnerships.
- Leverages regional expertise in the Appalachian area for its environmental and security services.
- Operates a diversified model across basic materials and drug development sectors.
What Industry Does RNGE Operate In?
Range Impact, Inc. operates within the Basic Materials sector, specifically the Industrial Materials industry, yet maintains a significant presence in drug development. This dual operational focus positions the company uniquely. In the environmental services segment, it addresses the growing demand for land reclamation, water rehabilitation, and mine site security, particularly within the Appalachian region. This market is influenced by environmental regulations, industrial activity, and the need for sustainable practices. The competitive landscape for environmental restoration includes specialized firms and larger diversified industrial companies. Concurrently, its drug development division, centered on VBX-100, places it within the highly competitive and capital-intensive biotechnology and pharmaceutical industries, targeting the market for gastrointestinal inflammatory ailments. This segment is driven by scientific innovation, clinical trial success, and regulatory approvals, with significant potential for market disruption if successful. Range Impact's strategy involves leveraging its established presence in industrial services to fund and support its biotech ventures.
Who Are RNGE's Key Customers?
- Industrial clients requiring land reclamation, water rehabilitation, and auxiliary mining services.
- Non-industrial clients seeking environmental restoration in the Appalachian region.
- Mining companies needing technology-driven security oversight for their operational and legacy sites.
- Potential future customers in the pharmaceutical and healthcare sectors for VBX-100.
- Entities focused on environmental compliance and sustainable land management.
Company Profile
Range Impact, Inc. operates in the Industrial Materials industry within the Basic Materials sector. It is headquartered in Cleveland, US. The company is led by CEO Michael R. Cavanaugh. RNGE has traded publicly since 2012.
How Range Impact, Inc. Is Valued
Range Impact, Inc. carries a market capitalization of $95.6M, placing it in the micro-cap category. Relative to its peer group, RNGE's quantitative score of 36/100 is below the peer average of 58/100.
Key Financial Metrics
Return on equity for Range Impact, Inc. stands at 91.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 10.0%, showing how much profit it generates from its asset base. RNGE trades at a trailing price-to-earnings ratio of 4.69, below the Basic Materials sector average of ~22x. Its free cash flow yield is -0.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.57 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 21.3%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Range Impact, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.54 places it in the distress zone, a signal of elevated financial risk.
RNGE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Range Impact's recent insider buying suggests those in the know see long-term value, signaling confidence despite market volatility.
- Community chatter highlights the company's innovative approach to sustainable solutions, resonating with a growing eco-conscious investor base.
- The company's focus on high-impact projects is gaining traction, attracting attention from institutional investors seeking ESG-compliant opportunities.
- Positive sentiment is building around Range Impact's ability to secure key partnerships, potentially unlocking new revenue streams and market expansion.
Bear Case
- Skeptics question the scalability of Range Impact's projects, citing potential challenges in replicating success across diverse markets.
- Concerns linger about the company's ability to navigate complex regulatory landscapes, potentially hindering project approvals and timelines.
- Bearish community members express worries about increasing competition in the sustainable solutions sector, impacting Range Impact's market share.
- Negative market perception stems from concerns about Range Impact's current valuation, with some believing it's overvalued relative to its current revenue generation.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
RNGE Latest News
No recent news available for RNGE.
RNGE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for RNGE.
Price Targets
Wall Street price target analysis for RNGE.
RNGE MoonshotScore
What does this score mean?
The MoonshotScore rates RNGE 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Michael R. Cavanaugh
Chief Executive Officer
Michael R. Cavanaugh serves as the Chief Executive Officer of Range Impact, Inc., overseeing a team of 18 employees. His leadership guides the company's dual strategic focus on health and wellness solutions and environmental restoration services. While specific details regarding his prior career history and educational background are not provided in the source data, his role as CEO indicates significant experience in corporate management and strategic direction within the sectors Range Impact, Inc. operates. His tenure has been marked by the company's recent rebranding and continued development of its diverse operational divisions.
Track Record: Under Michael R. Cavanaugh's leadership, Range Impact, Inc. underwent a significant rebranding in December 2023, transitioning from Malachite Innovations, Inc. This strategic decision reflects a renewed focus and direction for the company. He has been instrumental in managing the company's diverse operations across its five divisions, including the ongoing advancement of VBX-100 and the delivery of environmental restoration and security services. His management has guided the company to achieve a notable profit margin of 311.3%.
RNGE OTC Market Information
Range Impact, Inc. trades on the OTC Other tier, which is the lowest of the three OTC Markets Group tiers (OTCQX, OTCQB, and OTC Other). Companies on the OTC Other tier are typically smaller, non-reporting, or distressed entities that do not meet the minimum disclosure requirements for OTCQX or OTCQB. Unlike companies listed on major exchanges like NYSE or NASDAQ, which have stringent listing standards for financial health, corporate governance, and public disclosure, OTC Other companies face significantly fewer regulatory obligations. This tier is often characterized by limited public information and higher investment risk due to less oversight.
- OTC Tier: OTC Other
- Limited regulatory oversight and disclosure requirements compared to major exchanges, leading to reduced transparency.
- Significantly lower trading volume and wider bid-ask spreads, resulting in poor liquidity and difficulty in executing trades.
- Potential for price manipulation due to the lack of robust regulatory scrutiny and smaller market capitalization.
- Difficulty in obtaining reliable and timely financial information due to unknown disclosure status.
- Higher susceptibility to volatility and speculative trading, increasing investment risk.
- Verify the company's current financial statements, if available, directly from their investor relations or SEC filings (if any).
- Research any news or press releases from reputable sources to understand recent operational developments.
- Examine the company's business model and competitive landscape thoroughly, given the limited public data.
- Assess the management team's experience and track record, looking for any publicly available information beyond the provided data.
- Understand the specific risks associated with both the drug development and environmental services sectors.
- Evaluate the company's capital structure and any outstanding debt or financing arrangements.
- Consider the potential for dilution from future equity offerings, common for smaller OTC companies.
- Established in 2007, indicating a relatively long operational history, albeit under a previous name.
- Headquartered in Cleveland, Ohio, suggesting a physical presence and operational base.
- Clearly defined business divisions (Range Reclaim, Range Water, Range Security, Range Land, Drug Development) outlining specific operations.
- Identified CEO, Michael R. Cavanaugh, providing clear leadership structure.
- Engagement in tangible environmental restoration services and specific drug development (VBX-100), rather than vague ventures.
Common Questions About RNGE (Basic Materials)
What does the AI Score mean for RNGE?
RNGE holds an AI Score of 36/100 (Grade: D). This is an educational research signal, not a buy or sell recommendation. Range Impact, Inc. operates across five divisions, delivering health and wellness solutions and environmental restoration services, including land reclamation, water rehabilitation, and mine site …
What does Range Impact, Inc. do?
Range Impact, Inc. operates a diversified business model across two primary areas: health and wellness solutions and environmental restoration services. In health and wellness, the company is developing VBX-100, a specialized cannabinoid designed to address inflammatory ailments of the gastrointestinal tract.
What are the key financial metrics investors watch for RNGE?
For Range Impact, Inc., investors typically monitor several key financial metrics to assess its performance and valuation. The P/E ratio of 3.03 indicates how much investors are willing to pay for each dollar of earnings, providing a valuation benchmark. The substantial profit margin of 311.3% is critical, suggesting strong overall profitability, though it warrants deeper investigation into its components.
What are the main risks for RNGE?
Range Impact, Inc. faces several significant risks. A primary concern is its trading status on the OTC Other tier, which inherently involves lower liquidity, an unknown disclosure status, and reduced regulatory oversight compared to major exchanges. This can lead to challenges in obtaining reliable information and executing trades.
What are the key factors to evaluate for RNGE?
Range Impact, Inc. (RNGE) holds an AI score of 36/100 (low). presents an investment profile characterized by its dual-pronged business model and specific financial metrics. Not financial advice.
How frequently does RNGE data refresh on this page?
RNGE's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven RNGE's recent stock price performance?
Range Impact, Inc. (RNGE) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified business model across environmental services and drug development. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider RNGE overvalued or undervalued right now?
Range Impact, Inc. (RNGE) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research RNGE before investing?
Before investing in Range Impact, Inc. (RNGE), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- CEO's full background and tenure years are not provided in the source data.
- Specific market sizes and timelines for growth opportunities are estimated based on general industry knowledge, as specific figures for Range Impact, Inc. were not provided.
- Competitor information was not provided in the source data, resulting in an empty array for the 'competitors' field.
- OTC Disclosure Status is 'Unknown' as per source data, limiting transparency.