TNC Shares True North Copper Limited
ASX · ASXLast in our picks 2026-10-20 — not in the current list; analysis below is from that screen
Copper development exposure offers substantial leverage to strengthening structural demand.
Signal breakdown
- ▸Morgans issued speculative Buy with very high target upside.
- ▾Below 50-day MA (-28.69%)
- ▾Near 52-week low (5.6% of range)
Is TNC a buy right now?
Trend: TNC is trading below the 50-day average (-39.39%), RSI 39 — neutral momentum, with a 3-month return of -51.22%.
Valuation & quality: True North Copper Limited trades on forward P/E 909.1, price-to-book 0.35; fundamentals show net margin -62.0%, return on equity -1.2%, revenue growth -100.0% year on year.
Analyst consensus: 2 analysts have a mean 12-month price target of A$1.15 (+473.8% vs the last close; range A$0.99 – A$1.30), consensus rating “none”.
Our screen: WATCH (score 0) — Copper development exposure offers substantial leverage to strengthening structural demand.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -30.80% | +16.70% | +19.00% | -24.00% | +0.00% | -7.90% | -2.90% | -41.20% |
Fundamentals
Analyst price target
Technical signals
About True North Copper Limited
True North Copper Limited engages in the mineral exploration and development activities in Australia. It primarily explores copper, cobalt, gold, and silver deposits.
Sector: Basic Materials · Industry: Copper · Australia · 10 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.