(MENE) Mene - Ratings and Ratios

Mene Inc. (V:MENE) is a Canada-based luxury jewelry company specializing in 24-karat gold and platinum pieces. The company operates a direct-to-consumer model, selling its products exclusively through its e-commerce platform, mene.com. Its product range includes charms, chains, bands, earrings, pendants, rings, bracelets, precious objects, and medallions, all under the Mene brand. The companys focus on purity and craftsmanship positions it in the high-end jewelry market, targeting discerning consumers seeking investment-grade precious metal products.

From a financial perspective, Mene Inc. has a market capitalization of 33.84M CAD, reflecting its status as a small-cap company. The company currently operates with a price-to-book (P/B) ratio of 2.24, indicating that investors value its assets at a premium. However, the negative return on equity (RoE) of -8.13% suggests the company is in a growth or restructuring phase, with profitability not yet achieved. The price-to-sales (P/S) ratio of 1.44 aligns with industry standards for luxury goods, though the lack of positive P/E and forward P/E ratios highlights the absence of earnings.

Technically, Mene Inc.s stock has shown limited volatility, with an Average True Range (ATR) of 0.01. The stock price currently sits at 0.15 CAD, slightly above its 20-day SMA (0.14) but aligned with its 50-day and 200-day SMAs (both 0.13). This suggests a sideways trend with minimal upward momentum. The average 20-day volume of 16,270 shares indicates moderate trading activity, reflecting a niche investor base.