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Truscott Mining Corporation Ltd (TRM) AI Stock Analysis

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AU:TRM

Truscott Mining Corporation Ltd

(ASX:TRM)

Select Model
Rating:43Neutral
Price Target:AUD 0.04â–¼(-2.38% Downside)
Action:reiterated
Date:11/14/26

The low overall score is primarily driven by Truscott Mining's pre-revenue status, unprofitability, and a persistent technical downtrend across all major moving averages. As a junior gold explorer, it faces significant operational risks and ongoing cash burn, which depress its valuation. The sole major mitigating factor is a highly stable, zero-debt balance sheet that provides a crucial financial runway for its future exploration activities.

Positive Factors
Debt ReductionDebt falling to zero materially reduces leverage and interest-related pressure, giving the company greater financial flexibility than in prior periods. This stronger capital structure can help preserve resources for exploration and development while lowering balance-sheet risk over the next several quarters.
Negative Factors
Minimal Revenue BaseNear-zero revenue indicates that Truscott has not yet established a meaningful operating or commercial engine. Without recurring sales, the company cannot fund activities through customers, leaving future progress dependent on project advancement and access to external capital.

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

-60%-40%-20%0%20%40%AU:TRM-47.50%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 9.22M
Dividend Yield
―
Average Volume (3M)
44.01K
Price to Earnings (P/E)
-42.0
Beta (1Y)
-0.14
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...

Truscott Mining Corporation Ltd Financial Statement Overview

Summary

Truscott Mining exhibits the profile of a pre-revenue explorer with widening net losses and negative cash flows. However, its pristine balance sheet, featuring zero debt and growing equity, provides a stable runway for ongoing operations without immediate leverage concerns.

Income Statement

12Very Negative

Balance Sheet

78Positive

Cash Flow

15Very 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 SentimentNegative
Last Price0.04

Price Trends

50DMA0.05Negative
100DMA0.05Negative
200DMA0.06Negative

Market Momentum

MACD-0.00Positive
RSI22.29Positive
STOCH38.89Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TRM, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 22.29 is Positive, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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:TRMAU:TRM43NeutralAUD 9.22M-42.00-15.22%――-18.75%
AU:GNMAU:GNM43NeutralAUD 8.40M-1.20-40.48%――-255.00%
AU:KALAU:KAL42NeutralAUD 10.65M-4.36-9.75%――32.76%
AU:FG1AU:FG141NeutralAUD 9.92M-1.73-201.09%――41.73%
AU:PGDAU:PGD39UnderperformAUD 13.65M-3.31-55.21%―-100.00%-8.36%
AU:MVLAU:MVL29UnderperformAUD 10.15M-6.36-50.22%――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 Ltd0.04-0.04-47.50%
AU:GNMGreat Northern Minerals Limited0.02-0.04-70.69%
AU:KALKalgoorlie Gold Mining Limited0.02-0.04-72.58%
AU:FG1Flynn Gold Ltd.0.01-0.01-36.36%
AU:PGDPeregrine Gold Ltd.0.12-0.15-54.72%
AU:MVLMarvel Gold Ltd.0.01-0.00-25.00%

Truscott Mining Corporation Ltd Corporate Events

Director Peter N Smith Reports Acquisition of 53,953 Shares

Nov 12, 2026

Truscott Mining Corporation Limited disclosed a change in director Peter N Smith’s direct and indirect interests in company securities. On 11 November 2026, Smith acquired 53,953 fully paid ordinary shares for $2,643.70, with no securities disposed o...

Truscott Mining Calls November AGM and Details Proxy Voting Procedures

Oct 30, 2026

Truscott Mining Corporation Ltd has called its Annual General Meeting of shareholders for 10:00 a.m. AWST on 30 November 2026 at its Nedlands, Western Australia offices. In line with provisions of the Corporations Act, the company will provide the No...

Truscott Mining steps up Tennant Creek gold exploration and reshapes finance leadership

Oct 29, 2026

Truscott Mining reported a busy September quarter across its Tennant Creek gold portfolio, advancing exploration planning and on-ground work at its Westminster, North Tennant, and Barkly projects. At Westminster, a detailed audit of historical drilli...

Truscott Mining Advances Westminster Drilling Plans and Stakeholder Engagement

Oct 11, 2026

Truscott Mining Corporation has begun finalising the scope and sequencing of a diamond drilling program at its high-grade Westminster Gold Project in the Tennant Creek Mineral Field. The refreshed leadership team is targeting 3,000 to 4,000 metres of...

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 indirect eq...

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 and Res...

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: Nov 14, 2026