True North Copper Limited (TNC) Fair Value & Analysis
Basic Materials · AU · Market cap A$70.9M
Fair value as of: Jun 24, 2026
From 2 valuation models · updated 5 days ago
Share price −19.1% over the past month.
Price vs Fair Value (12 months)
12‑month range A$0.2337 – A$0.7205 · fair‑value band A$1.09 – A$1.82 · the A$0.3700 price screens below the A$1.46 fair value. As of Jun 24, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
True North Copper Limited (TNC) currently trades at A$0.3700, while our model-based Fair Value estimate is A$1.46 — implying the stock looks roughly 294.6% undervalued today. We read business quality at 91/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.
Trailing-twelve-month revenue stands at A$665K. It earns a return on equity of -47.6%. The balance sheet holds a net cash position of A$12.8M. The stock trades on a trailing P/E of 0.2. Fundamentals as of Jun 24, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.
About the company
True North Copper Limited engages in mineral exploration and development activities in Australia. It primarily explores copper, cobalt, gold, and silver deposits. The company holds 100% interest in the Cloncurry project located near Cloncurry, Northwest Queensland; and Mount Oxide project located in North-West Queensland. The company was incorporated in 2006 and is based in Cloncurry, Australia.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
True North Copper Limited reported revenue of A$665K in FY2025 versus A$0 in FY2022. Reported net income was −A$28.4M in FY2025.
Open the full interactive analysis →
Similar stocks
6 more Copper stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Southern Copper Corporation SCCO | $189.91 | $79.36 | -58% |
| Freeport-McMoRan Inc FCX | $69.69 | $19.89 | -71% |
| Antofagasta plc ANFGF | $49.11 | $23.43 | -52% |
| First Quantum Minerals Ltd FQVLF | $29.63 | $6.72 | -77% |
| Lundin Mining Corporation LUMI | kr 265.10 | kr 156.55 | -41% |
| Jiangxi Copper Company 600362 | ¥54.86 | ¥35.21 | -36% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is True North Copper Limited (TNC) undervalued?
What is the fair value of TNC?
What is the quality score of TNC?
What is the revenue of True North Copper Limited (TNC)?
What is the net profit margin of TNC?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.