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Truscott Mining Corporation Ltd (TRM) AI Stock Analysis

AU:TRM

Truscott Mining Corporation Ltd

(ASX:TRM)

Select Model
Rating:42Neutral
Price Target:AUD 0.04â–¼(-14.29% Downside)
Action:reiterated
Date:10/02/26

The overall score is very low, driven primarily by the company's pre-revenue status and severe, accelerating cash burn, which presents a critical survival risk. A debt-free balance sheet provides a temporary cushion but does not offset the fundamental lack of income. Technical trends reinforce the weakness, with the stock trading below all major moving averages and showing no positive momentum.

Positive Factors
Debt eliminationEliminating debt materially reduces leverage and associated financing pressure, giving the company greater balance-sheet flexibility. This can lower exposure to interest costs and refinancing demands, although the benefit depends on whether the business can eventually generate operating cash.
Negative Factors
Minimal revenue baseAn effectively nonexistent revenue base indicates that the company currently lacks a demonstrated operating engine or recurring commercial traction. This limits internal funding capacity, makes future performance highly dependent on developing operations, and leaves little evidence of durable earnings power over the medium term.

Truscott Mining Corporation Ltd (TRM) vs. iShares MSCI Australia ETF (EWA)

-50%-40%-30%-20%-10%0%10%20%AU:TRM-38.75%EWA+14.93%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 10.76M
Dividend Yield
―
Average Volume (3M)
39.61K
Price to Earnings (P/E)
-49.0
Beta (1Y)
-0.11
Revenue Growth
―
EPS Growth
-18.75%
Country
Australia
Employees
1
Sector
Basic Materials
Sector Strength
61
Industry
Gold

Truscott Mining Corporation Ltd Business Overview & Revenue Model

Company Description

Established in 2005, Truscott Mining Corporation Limited is an Australian company focused on the discovery and development of valuable metal and base metal deposits throughout the country. Its primary exploration efforts target copper and gold resour...

How the Company Makes Money

null

Truscott Mining Corporation Ltd Financial Statement Overview

Summary

Financial performance is critically weak. The company generates virtually no revenue and sustains persistent, deep operating and net losses. The only mitigating factor is a debt-free balance sheet with growing equity, but this is overshadowed by a severe cash burn rate that is accelerating, making the overall financial health highly speculative.

Income Statement

1Very Negative

Balance Sheet

65Positive

Cash Flow

10Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000000
Gross Profit-820-820-288-447-688-763
EBITDA-389.25K-389.25K-184.39K-417.67K-513.61K-2.67M
Net Income-387.50K-387.50K-291.26K-523.73K-514.30K-2.67M
Balance Sheet
Total Assets4.34M4.34M3.28M2.95M2.97M2.61M
Cash, Cash Equivalents and Short-Term Investments810.64K810.64K272.73K60.00K19.87K59.60K
Total Debt00450.50K450.50K310.50K165.50K
Total Liabilities1.92M1.92M1.90M1.92M1.76M1.49M
Stockholders Equity2.42M2.42M1.37M1.02M1.21M1.12M
Cash Flow
Free Cash Flow-221.13K-221.13K-385.38K-167.05K-488.32K-167.22K
Operating Cash Flow-221.13K-221.13K-186.40K-167.05K-204.13K-127.54K
Investing Cash Flow-470.48K-470.48K-121.27K69.36K-284.19K-39.68K
Financing Cash Flow1.23M1.23M520.40K137.83K448.59K164.17K

Truscott Mining Corporation Ltd Technical Analysis

Technical Analysis SentimentPositive
Last Price0.05

Price Trends

50DMA0.05Positive
100DMA0.05Positive
200DMA0.07Negative

Market Momentum

MACD0.00Positive
RSI54.97Neutral
STOCH111.11Negative

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 0.05 is below the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 54.97 is Neutral, neither overbought nor oversold. The STOCH value of 111.11 is Negative, 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

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:TRM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:KALAU:KAL45NeutralAUD 11.27M-4.87-9.75%――32.76%
AU:PGDAU:PGD43NeutralAUD 13.09M-3.51-55.21%―-100.00%-8.36%
AU:TRMAU:TRM42NeutralAUD 10.76M-49.00-15.22%――-18.75%
AU:FG1AU:FG141NeutralAUD 8.50M-1.48-201.09%――41.73%
AU:GNMAU:GNM40UnderperformAUD 9.88M-1.41-40.48%――-255.00%
AU:MVLAU:MVL29UnderperformAUD 18.85M-11.82-50.22%――53.85%

* Basic Materials Sector Average

Performance Comparison

-75%-50%-25%0%25%AU:TRMAU:GNMAU:KALAU:FG1AU:PGDAU:MVLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:TRM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:TRMTruscott Mining Corporation Ltd0.05-0.03-38.75%
AU:GNMGreat Northern Minerals Limited0.02-0.05-70.15%
AU:KALKalgoorlie Gold Mining Limited0.02-0.04-72.13%
AU:FG1Flynn Gold Ltd.0.01-0.01-50.00%
AU:PGDPeregrine Gold Ltd.0.12-0.14-53.85%
AU:MVLMarvel Gold Ltd.0.01-0.00-23.53%

Truscott Mining Corporation Ltd Corporate Events

Truscott Mining Files Corporate Governance Statement and ASX Appendix 4G

Sep 29, 2026

Truscott Mining Corporation Ltd has confirmed that its corporate governance statement for the year ended 30 June 2026 is current and has been approved by the board. The statement is included in its annual report and sets out how the company complies...

Truscott Mining Director Peter Smith Increases Shareholding

Sep 29, 2026

Truscott Mining Corporation Ltd has reported a change in director Peter N. Smith’s holdings, with an additional 50,000 fully paid ordinary shares acquired on 29 September 2026. The shares, purchased for $2,200, increase Smith’s direct and...

Truscott Mining strengthens finance leadership as Westminster gold project advances

Sep 2, 2026

Truscott Mining Corporation Ltd has appointed experienced finance executive Stephanie Hillbeck as Chief Financial Officer and Company Secretary, effective 5 October 2026. Hillbeck brings more than 25 years of financial, treasury and governance experi...

Truscott Mining Director Increases Equity Stake with Additional Share Purchase

Aug 21, 2026

Truscott Mining Corporation Limited has reported a change in the relevant interests of director Peter N. Smith in the company’s securities. Smith, through his associated entities Hillway Pty Ltd as trustee for the Smith Superannuation Account a...

Truscott Mining Director Increases Equity Stake Through Additional Share Purchases

Aug 10, 2026

Truscott Mining Corporation Limited has reported a change in the relevant interests of director Peter N. Smith in the company’s securities, reflecting minor acquisitions of fully paid ordinary shares through entities associated with his superan...

Truscott Mining Director Ewan Smith Increases Shareholding via Off-Market Transfer

Aug 10, 2026

Truscott Mining Corporation has disclosed a change in director Ewan E. Smith’s interests, reflecting an increase in his shareholding through an off-market transfer. Smith acquired 1.6 million fully paid ordinary shares at $0.04 each, lifting hi...

Truscott Mining Seeks ASX Quotation for 1.6 Million New Shares

Aug 9, 2026

Truscott Mining Corporation Limited has applied for quotation on the ASX of 1,600,000 new ordinary fully paid shares, issued on August 7, 2026. The additional securities arise from the exercise or conversion of existing options or other convertible i...

Truscott Mining CFO and Company Secretary to Retire After Two Decades of Service

Aug 6, 2026

Truscott Mining Corporation Limited has announced the retirement of Executive Director, Chief Financial Officer and Company Secretary Michael J. Povey, effective from the 2026 Annual General Meeting, after nearly 21 years with the company. Povey will...

Truscott Mining Director Increases Equity Stake Through Additional Share Purchases

Aug 5, 2026

Truscott Mining Corporation Ltd has disclosed a change in the interests of director Peter N. Smith in the company’s securities, as required under ASX listing rules. Smith’s holdings, both directly and through related entities Hillway Pty...

Truscott Mining Strengthens Corporate Affairs Leadership as Westminster Development Advances

Jul 31, 2026

Truscott Mining Corporation Ltd, a gold and critical minerals explorer and developer in the Tennant Creek Mineral Field of Australia’s Northern Territory, is building a portfolio of 100%-owned projects including the flagship Westminster brownfi...

Truscott Mining Steps Up Tennant Creek Exploration and Tightens Corporate Alignment

Jul 29, 2026

Truscott Mining reported a busy June quarter across its Tennant Creek portfolio, advancing technical work at Westminster and early-stage programs at North Tennant and Barkly. At Westminster, the company appointed Rose Mining Geology to support an upd...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 02, 2026