TN
TNC.AX
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ASX
Specialty Mining & Metals
True North Copper Ltd
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
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52w range
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Open
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Next earnings
2026-10-28
Ex-dividend
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TR 1Y
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About
True North Copper Ltd is a specialty mining and metals company focused on copper exploration and development in Australia.
Business. True North Copper Ltd (TNC.AX) is a specialty mining and metals company operating within the Basic Materials sector. The firm is primarily listed on the Australian Securities Exchange (ASX). Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as an entity engaged in specialty mining and metals activities.
Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustrySpecialty Mining & Metals
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target1,20
Analyst recommendations
1 analysts · consensus BuyBuy1
Hold0
Sell0
12-month price target
1,20
Consensus of sell-side coverage.
At a glance
Score
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not yet scored
Valuation
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valuation pending
Analysts→
Buy
1 analysts · indicative
Ownership→
American Century Investment Management, Inc.
largest disclosed fund holder
Profitability
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not yet wired
Quality
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not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary+0,4 %+7,6 %−0,2 %
Financials−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to TNC.AX. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
True North Copper Ltd (TNC.AX) is a specialty mining and metals company operating within the Basic Materials sector. The firm is primarily listed on the Australian Securities Exchange (ASX). Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as an entity engaged in specialty mining and metals activities.
Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustrySpecialty Mining & Metals
AI synthesis
GENERATEDTrue North Copper operates with a fully diluted share count of 152,382,788 shares, with no difference between basic and diluted shares outstanding, indicating no dilution from stock options or convertible securities. The company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
The company's profitability and returns are not available in the current dataset, and no industry_config preferred metrics are provided for comparison. As a result, a direct assessment of profitability relative to cohort medians is not possible at this time.
True North Copper's revenue concentration and geographic exposure are not disclosed in the available data. The company's operations are primarily in Australia, but no further details on regional revenue breakdown or segment performance are available.
The company's growth trajectory is not quantified in the current dataset. Analysts have issued a mean price target of 1.20 AUD, with a strong-buy recommendation from one analyst and no buy or hold ratings.
The company's risk assessment indicates low dilution risk, with no near-term dilution pressure identified. However, liquidity risk remains unassessed due to missing balance-sheet data. No recent filings or transcripts are available to provide additional context on the company's strategic direction or operational developments.
Key takeaways
- True North Copper has no difference between basic and diluted shares outstanding, indicating no dilution from options or convertibles.
- Analysts have issued a strong-buy recommendation, with a mean price target of 1.20 AUD.
- The company's liquidity risk could not be assessed due to missing balance-sheet data.
- No revenue concentration or geographic exposure data is available in the current dataset.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Valuation FY
Market price
A$0,42
Market cap
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Enterprise valueⓘ
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P/Eⓘ
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Non-GAAP P/Eⓘ
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EV / Revenueⓘ
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EV / Op incomeⓘ
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EV / OCFⓘ
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P / Tangible bookⓘ
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ROAⓘ
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ROEⓘ
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Cash conversionⓘ
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CapEx / revenueⓘ
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SBC / revenueⓘ
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Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution1 analysts
Strong buy1
Buy0
Hold0
Sell0
Strong sell0
12-month price targetA$1,20 · Median A$1,20
Low A$1,20High A$1,20
Operating income · consensus-13,0M AUD
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
LowA$1,20
MeanA$1,20
MedianA$1,20
HighA$1,20
SpotA$0,42
+185.7 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskUnknown
Benchmarks vs cohort
No cohort benchmark data available for this issuer yet.
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net disposed 14 859 sh5 exercises4 insiders
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-04-14
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-02-27
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-02-26
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-02-26
- Director · Stock Option (right to buy) → Common StockDisposed 707 @ $52,42exercise · 2026-02-26
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Source documents
- True North Copper Ltd Market data — financials · 2026-05-29
- True North Copper Ltd Market data — analyst estimates · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,02 %$39M
- Investment Managers · as of 2026-03-310,01 %$42M
- Investment Managers · as of 2024-06-300,01 %$303M
- Institutional Investor · as of 2026-03-310,00 %$22M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2024-12-310,00 %$11M
- Investment Managers · as of 2026-03-310,00 %$16M
- Investment Managers · as of 2026-03-310,00 %$17M
- Institutional Investor · as of 2026-03-310,00 %$46M
- Investment Managers · as of 2025-12-310,00 %$158M
- Investment Managers · as of 2026-03-310,00 %$31M
- Investment Managers · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$46M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$3M
- Funds · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
Net selling3 buys · 4 sellsnet -$225K16 insiders · last 365d
- Director · Common StockOther 1 490 · 2026-05-07
- CHIEF COMMERCIAL OFFICER · Common StockSold 6 875 @ $88,02$605K · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 3 538 @ $54,70$194K · 2026-04-14
- Director · Common StockOther 2 456 @ $78,81$194K · 2026-04-14
- Director, PRESIDENT AND CEO · Common StockOther 26 755 · 2026-03-06
- Director · Common StockBought 8 163 @ $61,25$500K · 2026-03-02
- SVP, Chief Transf Officer · Common StockOther 451 @ $61,03$28K · 2026-02-28
- SVP, CHRO & GC · Common StockOther 514 @ $61,03$31K · 2026-02-28
- CHIEF COMMERCIAL OFFICER · Common StockOther 840 @ $61,03$51K · 2026-02-28
- SENIOR VP, CFO · Common StockOther 945 @ $61,03$58K · 2026-02-28
- Director, PRESIDENT AND CEO · Common StockOther 4 268 @ $61,03$260K · 2026-02-28
- SVP, Chief Mktg & Tech Officer · Common StockOther 194 @ $61,03$12K · 2026-02-28
- Director · Common StockSold 3 156 @ $61,40$194K · 2026-02-27
- Director · Common StockBought 3 000 @ $61,61$185K · 2026-02-27
- Director · Common StockOther 3 538 @ $54,70$194K · 2026-02-27
- Director · Common StockOther 3 538 @ $54,70$194K · 2026-02-26
Short positioning
977.4Kshares short-11.5% vs prior
7.04days to cover
69.2%short of daily vol
361fails-to-deliver
as of 2026-07-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
TNC.AXCanonical
ASX · AUD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskUnknown
Evidence & claims
From filings & derived data- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -2.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 17.2%Derived (calculated)
- Return on assets (FY 2025-12-31): 3.5%Derived (calculated)
- Return on equity (FY 2025-12-31): 7.3%Derived (calculated)
- Gross margin (FY 2025-12-31): 40.2%Derived (calculated)
- Net margin (FY 2025-12-31): 3.6%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -47.7%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -46.1%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 3.8%Derived (calculated)
- Current ratio (FY 2025-12-31): 2.05xDerived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -5.9%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -11.9%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -40.2%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 6.6%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 37.1%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -46.6%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -3.1%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -27.5%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.11xDerived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -6.5%Derived (calculated)
- Current liabilities (annual): USD 293.1MSEC XBRL filing
- Current assets (annual): USD 599.7MSEC XBRL filing
- Capex (annual): USD 21.7MSEC XBRL filing
- Shareholders' equity (annual): USD 601.6MSEC XBRL filing
Showing 24 of 60 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
2026-05-07 00:00 UTCINSIDER11 insider transactions — 2026-05 · net sell $605k
2026-05-07INSIDERGREEN MARIA C transacted 1.5k sh — Director
2026-05-07INSIDERZay Richard H. sold 6.9k sh — CHIEF COMMERCIAL OFFICER ~$605k
2026-05-07INSIDERArvani Azita transacted 1.5k sh — Director
2026-05-07INSIDERALLEN PATRICK E transacted 1.5k sh — Director
2026-05-07INSIDEREICHER CAROL S transacted 1.5k sh — Director
2026-05-07INSIDERGlerum James T Jr. transacted 1.5k sh — Director
2026-05-07INSIDERHider Andrew P. transacted 1.5k sh — Director
2026-05-07INSIDERMorse Timothy R. transacted 1.5k sh — Director
2026-05-07INSIDERSHEAHAN MARK W transacted 1.5k sh — Director
2026-05-07INSIDERWindley David transacted 1.5k sh — Director
2026-05-07INSIDERMulligan Donal L transacted 1.5k sh — Director
2026-04-14 00:00 UTCINSIDER3 insider transactions — 2026-04 · $387k gross 1 derivative
2026-04-14INSIDERMulligan Donal L transacted 3.5k sh — Director ~$194k
2026-04-14INSIDERMulligan Donal L transacted 2.5k sh — Director ~$194k
2026-04-14INSIDERMulligan Donal L disposed of 3.5k sh Stock Option (right to buy) — Director
2026-03-06 00:00 UTCINSIDER2 insider transactions — 2026-03 · net buy $500k
2026-03-06INSIDERHuml David W. transacted 26.8k sh — Director, PRESIDENT AND CEO
2026-03-02INSIDERGlerum James T Jr. bought 8.2k sh — Director ~$500k
2026-02-28 00:00 UTCINSIDER23 insider transactions — 2026-02 · $2.3M gross 4 derivative
2026-02-28INSIDERBalinski Barb transacted 451 sh — SVP, Chief Transf Officer ~$28k
2026-02-28INSIDERERICKSON KRISTIN A. transacted 514 sh — SVP, CHRO & GC ~$31k
2026-02-28INSIDERZay Richard H. transacted 840 sh — CHIEF COMMERCIAL OFFICER ~$51k
2026-02-28INSIDERWest Fay transacted 945 sh — SENIOR VP, CFO ~$58k
2026-02-28INSIDERHuml David W. transacted 4.3k sh — Director, PRESIDENT AND CEO ~$260k
2026-02-28INSIDERSchottler Patrick W. transacted 194 sh — SVP, Chief Mktg & Tech Officer ~$12k
2026-02-27INSIDERArvani Azita sold 3.2k sh — Director ~$194k
2026-02-27INSIDERMulligan Donal L bought 3.0k sh — Director ~$185k
2026-02-27INSIDERArvani Azita transacted 3.5k sh — Director ~$194k
2026-02-27INSIDERArvani Azita disposed of 3.5k sh Stock Option (right to buy) — Director
2026-02-26INSIDEREICHER CAROL S transacted 3.5k sh — Director ~$194k
2026-02-26INSIDERWindley David disposed of 3.5k sh Stock Option (right to buy) — Director
Showing the 40 most recent of 48 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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