Truscott Mining Corporation Ltd (TRM) AI Stock Analysis

• Market Cap: AU$16.67M
• Dividend Yield: N/A
• Average Volume (3M): 11.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: N/A
• EPS Growth: 46.67%
• Country: AU
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 213,688,550
• 10 Day Avg. Volume: 7,419
• 30 Day Avg. Volume: 11,732
• PEG Ratio: 0.68
• Price to Book (P/B): 6.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: AU$0.08 ▼(-2.50% Downside)

The score is primarily weighed down by weak financial performance (no revenue, persistent losses, and ongoing cash burn). Technicals are mixed and only mildly supportive, while valuation is constrained by negative earnings and no dividend support.

Positive Factors

Insider Confidence

The purchase of shares by a director signals confidence in the company's prospects, aligning management interests with shareholders and potentially boosting investor trust.

Capital Raising

The successful capital raise enhances financial resources, enabling the company to advance exploration projects, which is crucial for future growth and operational expansion.

Exploration Initiatives

Advancing exploration initiatives at key projects could lead to resource discoveries, strengthening the company's asset base and long-term growth potential in the mining sector.

Negative Factors

Revenue Decline

The absence of revenue indicates a lack of operational cash flow, which is critical for sustaining business activities and reducing reliance on external funding.

Persistent Losses

Ongoing losses reflect operational inefficiencies and hinder profitability, posing a challenge to achieving financial stability and investor confidence in the long term.

Cash Burn

Negative cash flow indicates unsustainable operations, necessitating external capital to maintain activities, which could dilute shareholder value and strain financial resources.

Truscott Mining Corporation Ltd Business Overview & Revenue Model

Company Description

Truscott Mining Corporation Limited engages in the exploration and development of gold and base metal properties in Australia. The company explores for copper and gold deposits. It holds a 100% interest in the Westminster project covering an area of 9 hectares and 8 blocks; the North Tennant Creek project comprising an area of 77.71 square kilometers and 52 blocks; and the Barkly project located within the Tennant Creek mineral field in the Northern Territory. The company was incorporated in 2005 and is based in Scarborough, Australia.

How the Company Makes Money

Truscott Mining Corporation Ltd generates revenue through the exploration and extraction of mineral resources, primarily focusing on base and precious metals such as copper, gold, and silver. The company earns money by selling these raw materials to industrial manufacturers and commodity markets. Additionally, Truscott Mining may engage in strategic partnerships and joint ventures to expand its mining operations and enhance its resource base. Revenue is also influenced by global commodity prices, production volumes, and efficient cost management practices in their mining operations.

Truscott Mining Corporation Ltd Financial Statement Overview

Summary

Overall, Truscott Mining Corporation Ltd is facing significant financial challenges, characterized by declining revenues, consistent losses, and negative cash flows. The company's financial stability is compromised by a decreasing stockholders' equity and reliance on external financing. Strategic changes are needed to reverse these trends and improve financial health.

Income Statement

Truscott Mining Corporation Ltd has been experiencing a declining revenue trajectory from significant levels in previous years to none in the most recent periods, indicating operational challenges. Gross and net profit margins remain negative, reflecting ongoing losses without revenue generation. The EBIT and EBITDA margins are also negative, highlighting inefficiencies and a lack of cost control.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, reflecting some degree of financial stability. However, the significant decline in stockholders' equity over recent years points to financial stress and continuous losses. The equity ratio shows a decreasing trend, indicating a weakening financial position and higher reliance on liabilities.

Cash Flow

Operating and free cash flows are consistently negative, demonstrating poor cash generation ability. The company relies on financing activities to support cash flow needs, which is not sustainable long-term. The lack of revenue and negative operating cash flow lead to unfavorable cash flow to net income ratios.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	10.01K
Gross Profit	0.00	-288.00	-447.00	-688.00	-763.00	9.97K
EBITDA	-184.39K	-184.39K	-417.27K	-513.61K	-2.67M	-359.11K
Net Income	-291.26K	-291.26K	-523.73K	-514.30K	-2.67M	-304.28K
Balance Sheet
Total Assets	3.28M	3.28M	2.95M	2.97M	2.61M	4.88M
Cash, Cash Equivalents and Short-Term Investments	272.73K	272.73K	60.00K	19.87K	59.60K	62.65K
Total Debt	450.50K	450.50K	450.50K	310.50K	165.50K	196.50K
Total Liabilities	1.90M	1.90M	1.92M	1.76M	1.49M	1.39M
Stockholders Equity	1.37M	1.37M	1.02M	1.21M	1.12M	3.49M
Cash Flow
Free Cash Flow	-385.38K	-385.38K	-167.05K	-488.32K	-167.22K	-126.53K
Operating Cash Flow	-186.40K	-186.40K	-167.05K	-204.13K	-127.54K	-111.75K
Investing Cash Flow	-121.27K	-121.27K	69.36K	-284.19K	-39.68K	-14.78K
Financing Cash Flow	520.40K	520.40K	137.83K	448.59K	164.17K	188.34K

Truscott Mining Corporation Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TRM, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.23 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TRM.

Truscott Mining Corporation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ZAG	54 Neutral	AU$39.86M	-11.32	-28.59%	―	―	-860.00%
TRM	46 Neutral	AU$16.67M	-48.75	-24.31%	―	―	46.67%
ADG	46 Neutral	AU$20.53M	-6.67	-25.56%	―	―	50.00%
PGO	45 Neutral	AU$46.78M	-8.53	-8.32%	―	―	-17.27%
CDT	43 Neutral	AU$10.40M	-1.09	-390.08%	―	―	19.94%

Truscott Mining Corporation Ltd Corporate Events

Truscott Mining Director Peter Smith Increases Shareholding via On-Market Purchase

Truscott Mining Corporation Limited has disclosed a change in the holdings of director Peter N Smith, as required under ASX listing rules. Smith, who holds both direct and indirect interests in the company through his superannuation vehicle Hillway Pty Ltd and Resource Investments and Consulting Pty Ltd, has acquired an additional 51,000 fully paid ordinary shares for a consideration of $3,675, with no securities disposed, expired or converted. The transaction modestly increases his total equity stake and performance-based exposure to Truscott, signalling a small but tangible vote of confidence in the company from a key insider and slightly strengthening insider alignment with shareholders.

Truscott Mining Issues 9 Million Unquoted Options Expiring 2026

Truscott Mining Corporation Ltd, an Australian-listed mining company, operates in the resources sector with its securities traded on the ASX under the ticker TRM. The company has notified the market of the issue of 9,000,001 unquoted options with an exercise price of 15 cents and an expiry date of 23 December 2026, effective 24 December 2025, as part of a previously announced transaction. These unquoted options, which are not intended to be listed on the ASX, represent a form of non‑quoted equity-based incentive or financing that may affect future capital structure and potential dilution for existing shareholders if exercised.

Truscott Mining Seeks ASX Quotation for 18 Million New Shares

Truscott Mining Corporation Ltd has lodged an application with the ASX for the quotation of 18 million new fully paid ordinary shares, effective 24 December 2025. The additional shares, issued under a previously announced transaction, will expand the company’s quoted capital base and may influence its market liquidity and ownership structure once trading commences.

Truscott Mining Raises Capital Through Placement of New Shares and Options

Truscott Mining Corporation has completed a capital raising via a share placement to professional and sophisticated investors, issuing 18 million fully paid ordinary shares and 9,000,001 free attached unlisted options that will form a new class of securities, while the new shares will rank within its existing quoted class on the ASX. The company confirmed it is relying on disclosure exemptions under the Corporations Act for this placement and stated it remains compliant with its financial reporting and continuous disclosure obligations, with no undisclosed price-sensitive information, providing regulatory assurance around the new securities for current and prospective shareholders.

Truscott Mining Raises $1.44m in Placement to Fund January Drilling Program

Truscott Mining Corporation Ltd has completed a share placement raising $1.44 million before costs, issuing 18 million new shares and 9,000,001 free attached options for a total of 27,000,001 securities, which will be entered into shareholders’ holdings and quoted on 29 December 2025. The fresh capital positions the company to advance its exploration program, with management actively engaging geologists and drillers and targeting the commencement of drilling in January 2026, subject to weather conditions, marking a significant step in progressing its operational plans.

Truscott Mining Announces Proposed Securities Issue to Boost Capital

Truscott Mining Corporation Limited has announced a proposed issue of securities, including 18 million ordinary fully paid shares and 9 million options expiring in December 2027. This move is aimed at raising capital, potentially impacting the company’s operational capabilities and market positioning by enhancing its financial resources.

Truscott Mining Announces Share Placement to Raise $1.44 Million

Truscott Mining Corporation Ltd has announced a share placement, appointing Martin Place Securities as the lead manager to issue up to 18 million fully paid ordinary shares at 8 cents each, aiming to raise up to $1.44 million before costs. The funds raised will be allocated towards research and development, exploration activities, and working capital, potentially strengthening the company’s operational and financial position in the mining industry.

Truscott Mining Requests Trading Halt Ahead of Capital Raise Announcement

Truscott Mining Corporation Ltd has requested a trading halt on its securities pending an announcement related to a proposed capital raise. The halt is expected to last until the announcement is made or until the start of trading on December 17, 2025, whichever comes first. This move indicates a strategic financial maneuver, potentially impacting the company’s market operations and investor relations.

Truscott Mining Issues New Performance Rights

Truscott Mining Corporation Ltd announced the issuance of 1,824,000 unquoted performance rights, effective November 28, 2025. This move reflects the company’s strategic efforts to incentivize performance and align interests with stakeholders, potentially impacting its operational dynamics and market positioning.

Truscott Mining Announces Director’s Interest Change

Truscott Mining Corporation Limited announced a change in the director’s interest, specifically involving Peter N Smith. The company reported the acquisition of 729,600 Class T Performance Rights by Mr. Smith, issued in lieu of director fees for the year ending June 30, 2025, as approved at the AGM on November 28, 2025. This change reflects the company’s ongoing efforts to align director compensation with performance and shareholder interests.

Truscott Mining Corporation Ltd Successfully Passes AGM Resolutions

Truscott Mining Corporation Ltd announced that all resolutions proposed at its Annual General Meeting were passed based on proxy votes. The resolutions included the adoption of the remuneration report and the re-election of a director, as well as the issuance of Class T Performance Rights to key personnel, which reflects the company’s commitment to aligning management incentives with shareholder interests.

Truscott Mining Director Acquires Additional Shares

Truscott Mining Corporation Limited announced a change in the director’s interest, specifically regarding Peter N Smith’s holdings. On November 26, 2025, Smith acquired an additional 25,000 fully paid ordinary shares, valued at $1,875, through Hillway Pty Ltd. This acquisition reflects a strategic move in Smith’s investment portfolio, potentially influencing the company’s governance and stakeholder interests.

Truscott Mining Corporation Schedules Annual General Meeting for November 2025

Truscott Mining Corporation Ltd has announced its Annual General Meeting scheduled for November 28, 2025, at its office in Nedlands, WA. The meeting will address several key resolutions, including the adoption of the Remuneration Report for the financial year ending June 30, 2025. The announcement highlights the company’s commitment to transparency and governance, with specific voting exclusions in place for key management personnel to ensure fair decision-making processes.

Truscott Mining Advances Exploration Initiatives at Barkly and Westminster Projects

Truscott Mining Corporation Ltd has confirmed a second anomalous zone at the Barkly Project and is continuing to refine its exploration strategies at the Westminster Project. The company is enhancing its structural modeling and resource estimation methodologies, which could serve as a reference for other mining projects. Additionally, Truscott is working on securing funding to support its exploration and development activities while maintaining shareholder leverage.