True North Copper Limited (AU:TNC)
ASX:TNC
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TNC Stock Chart & Stats
AU$0.44
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.44
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$0.76
Previous CloseN/A
Volume0.00
Average Volume (3M)215.56K
Market Cap
AU$74.67M
Enterprise ValueAU$62.62M
Total Cash (Recent Filing)AU$19.12M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Sep 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.43
Shares Outstanding152,382,780
10 Day Avg. Volume295,740
30 Day Avg. Volume215,555
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.39
Price to Sales (P/S)43.24
P/FCF Ratio-1.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.30Price Target Upside195.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.05
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Zero Net Debt / Improved LeverageMoving to zero reported debt materially reduces financial risk and interest burden, improving flexibility to fund operations or strategic work without servicing debt. This durable improvement lengthens runway and lowers insolvency risk, aiding long-term operational resilience despite current losses.
Equity Buffer Relative To AssetsA sizable equity position versus assets provides a capital cushion to absorb ongoing losses and supports creditor confidence. This structural balance-sheet strength improves ability to raise capital on constructive terms or pursue asset-backed financing, which is critical while profitability is not yet achieved.
Improving Free Cash Flow TrendAn improving free cash flow trend, even from deeply negative levels, signals operational progress and greater discipline. If sustained, this reduces future external funding needs and dilution risk, extending the company's ability to advance projects and improving the outlook for achieving self-funded operations.
Bears Say
Ongoing Cash Burn And Negative Operating Cash FlowPersistent negative operating cash flow means the business cannot sustain operations from internal cash, forcing reliance on equity raises or asset sales. This structural cash burn increases dilution risk, constrains strategic options, and places continuous pressure on management to secure external funding to avoid impairment.
Deep Negative Gross Profit And Large Net LossesA deeply negative gross profit indicates core unit economics are currently unprofitable, not merely elevated SG&A. This structural profitability gap makes sustainable margin recovery difficult without meaningful cost restructuring, higher prices, or fundamentally different revenue mix, prolonging the path to break-even.
Very Small, Volatile And Shrinking RevenueSmall and volatile revenue undermines scale economics and forecasting, leaving fixed costs spread thin and making margin improvement challenging. A sharp revenue decline in 2025 erodes operating leverage and increases the likelihood that additional capital will be required before the business reaches sustainable, predictable cash generation.
True North Copper News
TNC FAQ
What was True North Copper Limited’s price range in the past 12 months?
True North Copper Limited lowest share price was AU$0.22 and its highest was AU$0.76 in the past 12 months.
What is True North Copper Limited’s market cap?
True North Copper Limited’s market cap is AU$74.67M.
When is True North Copper Limited’s upcoming earnings report date?
True North Copper Limited’s upcoming earnings report date is Sep 30, 2026 which is in 119 days.
How were True North Copper Limited’s earnings last quarter?
True North Copper Limited released its earnings results on Mar 09, 2026. The company reported -AU$0.028 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.028.
Is True North Copper Limited overvalued?
According to Wall Street analysts True North Copper Limited’s price is currently Undervalued.
Does True North Copper Limited pay dividends?
True North Copper Limited does not currently pay dividends.
What is True North Copper Limited’s EPS estimate?
True North Copper Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does True North Copper Limited have?
True North Copper Limited has 152,382,780 shares outstanding.
What happened to True North Copper Limited’s price movement after its last earnings report?
True North Copper Limited reported an EPS of -AU$0.028 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.125%.
Which hedge fund is a major shareholder of True North Copper Limited?
Currently, no hedge funds are holding shares in AU:TNC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
True North Copper Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.30 (195.45% Upside)
AU$1.30 (195.45% Upside)
Blogger Sentiment
Bullish
AU:TNC Sentiment 75%
Sector Average ―
Sector Average ―
Technicals
SMA
Negative
20 days / 200 days
Momentum
-89.30%
12-Months-Change
Fundamentals
Return on Equity
-37.71%
Trailing 12-Months
Asset Growth
1.28%
Trailing 12-Months
Company Description
True North Copper Limited
True North Copper Limited engages in mineral exploration and development activities in Australia. The company primarily explores for copper, cobalt, gold, and silver deposits. It holds 100% interests in the Cloncurry project located near Cloncurry, Northwest Queensland; and Mount Oxide project located in North-West Queensland, as well as the Bundarra project located in Central Queensland. The company was incorporated in 2006 and is based in Cloncurry, Australia.
TNC Stock 12 Month Forecast
Average Price Target
AU$1.30
▲(195.45% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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