TNC
TRUENORTH FPO [TNC]
Basic Materials · ASX Small Cap
$0.4950 -4.8%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score -2First seen: 2026-02-25
Score Breakdown
Technical52
Catalyst53
Sentiment50
Fundamental52
Momentum66
Risk Gate35
Active Signals
Bullish Signals
- RSI approaching oversold
- Above-average volume (1.6x) on down day
- Volatility contracting (breakout setup)
- Above 200-day MA (long-term uptrend)
- Low cash runway (3 quarters) - dilution risk
- Very high P/S ratio (119.2x)
- Revenue in sharp decline (-100%)
- EPS estimates revised upward (+10pts)
- Small-cap ($20-100M)
- CANSLIM S: Tight float (39%)
- CANSLIM I: Institutional ownership (12%)
- Strong 12-1 momentum (+242%)
- Excellent risk-adjusted momentum (Sharpe 1.8)
- Altman Z-Score in distress zone (1.19 < 1.81)
- ASX200 bullish (+1.5% 5d)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
Risk Signals
- Price below MAs (downtrend)
- Piotroski F-Score weak (3/9)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
- Revenue momentum declining (-100%)
Recent Catalysts
NONE TNC Secures $400k CDP Grant to Progress Mt Oxide
NONE Cloncurry Copper Project - Development Drilling Commences
NONE Cloncurry Copper Project - Great Australia Resource Update
Announcement tone +3pts
Recent ASX Announcements
| 2026-02-23 | TNC Secures $400k CDP Grant to Progress Mt Oxide PRICE SENSITIVE |
| 2026-02-16 | Cloncurry Copper Project - Development Drilling Commences |
| 2026-02-09 | Cloncurry Copper Project - Great Australia Resource Update PRICE SENSITIVE |
| 2026-02-09 | Change in substantial holding |
| 2026-02-05 | Change in substantial holding |
Key Metrics
$79.2M
Market Cap
486K
Avg Volume
1.6x
Vol Ratio
$0.14 — $0.76
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-47.6%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 39% |
| L | Leader vs Laggard | laggard | RS: -2 |
| I | Institutional Sponsorship | pass | Inst: 12% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #240 of 570 · Sector avg: 49
View all Basic Materials signals →