Mene Inc. (V:MENE)
Business Focus: Jewelry
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Insider Filings
Latest 10 SEDI filings for MENE within the last 6 months
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Company News
Mar 28, 2024 07:30 ET
Menē surpasses CAD$100 million milestone of total gold held by clients
Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, is pleased to announce that it has surpassed the milestone of its clients holding over CAD$100 million in gold jewelry.
Dec 28, 2023 07:30 ET
Mene Inc. Announces Full Repayment of Goldmoney Inc. Precious Metals Loan
Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, announced today that the Company has fully repaid the Precious Metal Loan facility owed to Goldmoney Inc. At the end of Fiscal Q3 2023, the amount outstanding under this facility was $9.7 million. The Company currently has no indebtedness other than trade payables incurred in the ordinary course of business.
Valuation Ratios
Industry
Sector
Beta
0.19
--
--
Price to Sales - TTM
1.28
1.28
2.19
Price to Book - most recent quarter
3.25
3.25
2.00
Price to Cash Flow per share - TTM
--
--
8.16
Price to Free Cash Flow per share - TTM
--
--
17.60
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 14,000 | 3,911 |
| Mar 15, 2024 | 10,089 | 0 |
| Feb 15, 2024 | 16,500 | -2,492 |
Business Summary
| Sector: Consumer Cyclicals | Industry: Apparel & Accessories |
Mene Inc. is a Canada-based company, which crafts 24 karat gold and platinum jewelry that is sold by gram weight. The Company designs, manufactures, and markets 24 karat gold and platinum jewelry under the brand name Mene. The Company retails its jewelry by gram weight direct-to-consumer through an online shopping experience. Its jewelry is crafted from gold and platinum, which is sourced from gold mines in Nevada, United States and Ontario, Canada. Its gold carries the coveted London Bullion Market's Responsible Sourcing Certification. The Company provides bracelets, chains, earrings, medallions, pendants, rings, personal touch and precious objects. It has sold jewelry to customers in 50 States in the United States, 10 Canadian provinces, and approximately 60 countries, all without a single physical store.
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