True North Copper Ltd (AU:TNC) — Market Cap & Net Worth

$38.28 Million USD  · AU$54.10 Million AUD  · Rank #22976

Market Cap & Net Worth: True North Copper Ltd (TNC)

True North Copper Ltd (AU:TNC) has a market capitalization of $38.28 Million (AU$54.10 Million) as of September 17, 2026. Listed on the AU stock exchange, this Australia-based company holds position #22976 globally and #852 in its home market, demonstrating a 1.43% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying True North Copper Ltd's stock price AU$0.36 by its total outstanding shares 152382788 (152.38 Million). Also see total assets of True North Copper Ltd for a full breakdown of the balance sheet.

True North Copper Ltd Market Cap History: 2020 to 2026

True North Copper Ltd's market capitalization history from 2020 to 2026. Data shows growth from $36.66 Million to $38.28 Million (5.12% CAGR). Also see TNC cash flow conversion for how efficiently the company converts equity into cash flow.

True North Copper Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how True North Copper Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check TNC share price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

77.01x

True North Copper Ltd's market cap is 77.01 times its annual revenue

Industry average: 3.11x Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2023 $11.32 Million $1.50 Million -$34.05 Million 7.57x N/A
2024 $323.46 Million $2.39 Million -$25.06 Million 135.54x N/A
2025 $51.21 Million $665.00K -$28.42 Million 77.01x N/A

Competitor Companies of TNC by Market Capitalization

Companies near True North Copper Ltd in the global market cap rankings as of September 17, 2026. Review TNC tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to True North Copper Ltd by market ranking:

  • Southern Copper Corporation (NYSE:SCCO): Ranked #156 globally with a market cap of $158.42 Billion USD.
  • Freeport-McMoran Copper & Gold Inc (NYSE:FCX): Ranked #267 globally with a market cap of $96.94 Billion USD.
  • Teck Resources Limited (TO:TECK-B): Ranked #870 globally with a market cap of $31.39 Billion USD ( CA$43.40 Billion CAD).
  • First Quantum Minerals Ltd (TO:FM): Ranked #1050 globally with a market cap of $25.51 Billion USD ( CA$35.26 Billion CAD).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#156 Southern Copper Corporation NYSE:SCCO $158.42 Billion $189.88
#267 Freeport-McMoran Copper & Gold Inc NYSE:FCX $96.94 Billion $69.24
#870 Teck Resources Limited TO:TECK-B $31.39 Billion CA$89.85
#1050 First Quantum Minerals Ltd TO:FM $25.51 Billion CA$42.27

True North Copper Ltd Historical Marketcap From 2020 to 2026

Between 2020 and today, True North Copper Ltd's market cap moved from $36.66 Million to $ 38.28 Million, with a yearly change of 5.12%.

Year Market Cap Change (%)
2026 AU$38.28 Million -25.26%
2025 AU$51.21 Million -84.17%
2024 AU$323.46 Million +2757.14%
2023 AU$11.32 Million +98.11%
2022 AU$5.71 Million -69.71%
2021 AU$18.87 Million -48.53%
2020 AU$36.66 Million --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of True North Copper Ltd was reported to be:

Source Market Cap
Yahoo Finance $38.28 Million USD
MoneyControl $38.28 Million USD
MarketWatch $38.28 Million USD
marketcap.company $38.28 Million USD
Reuters $38.28 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About True North Copper Ltd

AU:TNC Australia Copper
Market Cap
$38.28 Million
AU$54.10 Million AUD
Market Cap Rank
#22976 Global
#852 in Australia
Share Price
AU$0.36
Change (1 day)
+1.43%
52-Week Range
AU$0.24 - AU$0.74
All Time High
AU$3.00
About

True North Copper Limited engages in mineral exploration and development activities in Australia. The company primarily explores for copper, cobalt, gold, and silver deposits. It holds 100% interests in the Cloncurry project located near Cloncurry, Northwest Queensland; and Mount Oxide project located in North-West Queensland, as well as the Bundarra project located in Central Queensland. The com… Read more