Mene Inc Stock Today

MENE Stock  CAD 0.11  0.01  8.33%   

Performance

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Odds Of Distress

Less than 28

 
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Mene is selling for under 0.11 as of the 28th of November 2024; that is 8.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.11. Mene has about a 28 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Mene Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
Category
Consumer Cyclical
Classification
Consumer Discretionary
Mene Inc. designs, manufactures, and markets gold and platinum jewelry. The company retails its jewelry products directly to consumer through online portal. MENE INC operates under Luxury Goods classification in Canada and is traded on TSX Venture Exchange. The company has 149.49 M outstanding shares of which 15.38 K shares are now shorted by private and institutional investors with about 0.14 days to cover all short positions. More on Mene Inc

Mene Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mene's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mene or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOVincent Gladu
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Luxury Goods, Consumer Cyclical (View all Sectors)
Mene's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mene's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Mene can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mene's financial leverage. It provides some insight into what part of Mene's total assets is financed by creditors.
Liquidity
Mene cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Mene Inc has accumulated 2.24 M in total debt with debt to equity ratio (D/E) of 144.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mene Inc has a current ratio of 39.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mene until it has trouble settling it off, either with new capital or with free cash flow. So, Mene's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mene Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mene to invest in growth at high rates of return. When we think about Mene's use of debt, we should always consider it together with cash and equity.

Net Income

(2.09 Million)
Mene Inc (MENE) is traded on TSX Venture Exchange in Canada and employs 8 people. Mene is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 29.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mene's market, we take the total number of its shares issued and multiply it by Mene's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mene Inc operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 149.49 M outstanding shares of which 15.38 K shares are now shorted by private and institutional investors with about 0.14 days to cover all short positions. Mene Inc has accumulated about 29.56 M in cash with (854.62 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Mene Probability Of Bankruptcy
Ownership Allocation
Mene Inc maintains a total of 149.49 Million outstanding shares. Mene Inc secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.5 % of Mene Inc outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mene Ownership Details

Mene Inc Risk Profiles

Although Mene's alpha and beta are two of the key measurements used to evaluate Mene's performance over the market, the standard measures of volatility play an important role as well.

Mene Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Mene without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Mene Corporate Management

Elected by the shareholders, the Mene's board of directors comprises two types of representatives: Mene inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mene. The board's role is to monitor Mene's management team and ensure that shareholders' interests are well served. Mene's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mene's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sunjoo MoonCreative OfficerProfile
Adil SheikhCorp CFOProfile
Diana WidmaierPicassoChief OfficerProfile
Sean CGAChief OfficerProfile
Gavin JohnsonChief OfficerProfile
Roy SebagChairman, CoFounderProfile

Additional Tools for Mene Stock Analysis

When running Mene's price analysis, check to measure Mene's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mene is operating at the current time. Most of Mene's value examination focuses on studying past and present price action to predict the probability of Mene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mene's price. Additionally, you may evaluate how the addition of Mene to your portfolios can decrease your overall portfolio volatility.