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Some people invest in dividend-paying stocks. These stocks generate quarterly income. This is a long-term investment strategy that can provide steady cash flow. <0/><0/>When choosing what to buy from {{header}} it is important to consider the following factors:

<0>Reliable cash flow. You need to purchase a great business yielding revenue.</0><0>Growing net profit will ensure stable payments.</0><0>Regular payments over the past 20-25 years.</0><0>High dividend yield is not always good. High dividend stocks are not the only option for the dividend investor.</0>

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Metalite Resources Inc. engages in the exploration for mineral resources in Canada and Australia. The company explores for gold and silver deposits. Its primary project is the Arthurs Seat project covering an area of 42 square kilometers located in New South Wales, Australia. It also holds 100% interest in a large Abitibi-Based Gold Property covering 17,340 hectares located in Canada; and the Launay Gold Property comprising of 314 mineral claims covering 17,340 hectares located in Québec, Canada. The company was formerly known as RooGold Inc. and changed its name to Metalite Resources Inc. in March 2023. Metalite Resources Inc. was incorporated in 2019 and is headquartered in Toronto, Canada.

Metalite Resources Inc. (formerly was ROO/RooGold Inc. until 2023-03-24)

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	-	-	-	-	-	-
COGS	-	0.008372	0.0157	0.0143	0.0143	0.0143
Gross Profit	-	(0.008372)	(0.0157)	(0.0143)	(0.0143)	(0.0143)
Operating Expenses & Income
Operating Income	(9.080828)	(2.198947)	(1.138509)	(0.429875)	(0.474213)	(0.462223)
Total Operating Expenses	9.080828	2.198947	1.138509	0.429875	0.474213	0.462223
R&D Expenses	-	-	-	-	-	-
Selling General & Admin Expenses	0.564778	1.234398	0.695506	0.259348	0.311903	0.299632
Earnings from Continuing Operations
Interest Expense	-	-	-	(0.007003)	(0.0524)	(0.00342)
Interest Income	-	-	-	-	-	-
Income Tax Expense	-	-	-	-	-	-
Net Income
Net Income	(9.084534)	(2.18234)	(5.033357)	(0.291263)	(0.393059)	(0.646891)
Supplemental
EBIT	-	-	-	-	-	-
EBITDA	-	-	-	-	-	-