Want to see AU:TNC full AI Analyst Report?
TNC Stock Chart & Stats
AU$0.37
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.37
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$0.76
Previous CloseN/A
Volume518.83K
Average Volume (3M)466.39K
Market Cap
AU$59.06M
Enterprise ValueAU$52.71M
Total Cash (Recent Filing)AU$7.11M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.66
Next Earnings
Mar 18, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding190,500,060
10 Day Avg. Volume358,414
30 Day Avg. Volume466,387
Financial Highlights & Ratios
PEG Ratio0.58
Price to Book (P/B)0.61
Price to Sales (P/S)0.00
P/FCF Ratio-18.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.31Price Target Upside254.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.03
Revenue Forecast (FY)AU$63.98M
Bulls Say, Bears Say
Bulls Say
Debt-Free Balance SheetZero reported debt in 2025–2026 removes a major fixed financing burden and lowers interest and refinancing exposure. This gives TNC more flexibility to preserve capital and fund a return to copper operations without servicing a large debt load.
Growing Equity BaseEquity rose substantially from 2023 to 2026, providing a larger capital base and some funding flexibility. That cushion can support project preservation or future development, although it has not yet translated into positive returns or sustainable profitability.
Lower Cash BurnAlthough cash generation remains negative, the materially smaller 2026 cash burn versus 2024–2025 indicates reduced cash outflows. If maintained, this could extend financial runway and make funding requirements more manageable while operations are rebuilt.
Bears Say
Revenue CollapseThe sharp revenue decline followed by zero revenue in 2026 signals that the operating model is currently paused, impaired, or in an early-stage development phase. Without restored sales volumes, the company cannot generate operating leverage or reliably fund its copper strategy.
Persistent Negative Free Cash FlowPersistent negative free cash flow means TNC is not currently self-funding its activities and may require external capital until revenue and operations recover. Continued cash leakage can reduce flexibility even with no reported debt, particularly if project spending resumes.
Deep Operating LossesDeeply negative gross profit, EBIT, and EBITDA show that current activity is not producing viable operating economics. The narrower 2026 net loss appears linked to reduced activity and costs rather than a proven revenue or margin recovery, limiting confidence in near-term earnings durability.
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$59.06M.
When is True North Copper Limited’s upcoming earnings report date?
True North Copper Limited’s upcoming earnings report date is Mar 18, 2027 which is in 157 days.
How were True North Copper Limited’s earnings last quarter?
True North Copper Limited released its earnings results on Sep 14, 2026. The company reported AU$0.017 earnings per share for the quarter.
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 190,500,060 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$0.017 in its last earnings report. Following the earnings report the stock price went up 4.412%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.31 (254.05% Upside)
AU$1.31 (254.05% Upside)
Blogger Sentiment
Bullish
AU:TNC Sentiment 75%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.12%
12-Months-Change
Fundamentals
Return on Equity
-1.15%
Trailing 12-Months
Asset Growth
15.49%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$1.31
▲(254.05% Upside)
Technical Analysis
Hot Chili Limited
―
Sandfire Resources Limited
―
Castillo Copper Ltd.
―
Cyprium Metals Limited
―
Caravel Minerals Limited
―






