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True North Copper Limited
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Let's analyse True North Copper Limited together

PenkeI guess you are interested in True North Copper Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of True North Copper Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of True North Copper Limited (30 sec.)










What can you expect buying and holding a share of True North Copper Limited? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.05
Expected worth in 1 year
A$0.13
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$0.08
Return On Investment
78.3%

For what price can you sell your share?

Current Price per Share
A$0.10
Expected price per share
A$0.069 - A$0.11
How sure are you?
50%

1. Valuation of True North Copper Limited (5 min.)




Live pricePrice per Share (EOD)

A$0.10

Intrinsic Value Per Share

A$-1.17 - A$-1.40

Total Value Per Share

A$-1.12 - A$-1.35

2. Growth of True North Copper Limited (5 min.)




Is True North Copper Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$19.1m$11.6m$7.4m38.9%

How much money is True North Copper Limited making?

Current yearPrevious yearGrowGrow %
Making money-$22m-$1.1m-$20.9m-95.0%
Net Profit Margin-2,275.2%0.0%--

How much money comes from the company's main activities?

3. Financial Health of True North Copper Limited (5 min.)




4. Comparing to competitors in the Copper industry (5 min.)




  Industry Rankings (Copper)  

What can you expect buying and holding a share of True North Copper Limited? (5 min.)

Welcome investor! True North Copper Limited's management wants to use your money to grow the business. In return you get a share of True North Copper Limited.

What can you expect buying and holding a share of True North Copper Limited?

First you should know what it really means to hold a share of True North Copper Limited. And how you can make/lose money.

Speculation

The Price per Share of True North Copper Limited is A$0.1. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of True North Copper Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in True North Copper Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.05. Based on the TTM, the Book Value Change Per Share is A$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of True North Copper Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.04-37.4%-0.04-37.4%0.00-4.5%-0.01-11.0%-0.01-11.0%
Usd Book Value Change Per Share0.0112.7%0.0112.7%0.002.5%0.018.1%0.018.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0112.7%0.0112.7%0.002.5%0.018.1%0.018.1%
Usd Price Per Share0.16-0.16-0.05-0.11-0.11-
Price to Earnings Ratio-4.23--4.23--10.60--42.78--42.78-
Price-to-Total Gains Ratio12.52-12.52-18.98-22.57-22.57-
Price to Book Ratio4.87-4.87-2.38-5.21-5.21-
Price-to-Total Gains Ratio12.52-12.52-18.98-22.57-22.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.06467
Number of shares15463
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (15463 shares)195.71125.66
Gains per Year (15463 shares)782.83502.65
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
107837730503493
201566155601005996
3023482339015081499
4031313122020112002
5039143905025132505
6046974688030163008
7054805471035193511
8062636254040214014
9070457037045244517
10078287820050275020

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.04.00.00.0%0.04.00.00.0%0.04.00.00.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.04.00.0%0.00.04.00.0%0.00.04.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%

Fundamentals of True North Copper Limited

About True North Copper Limited

True North Copper Limited engages in mineral exploration and development activities in Australia. The company primarily explores for copper, gold, silver, and cobalt deposits. It holds 100% interests in the Cloncurry project located near Cloncurry, Central Queensland; and Mount Oxide project situated on the north of Mt Isa, Central Queensland, as well as the Bundarra project located in Central Queensland. The company is based in Cairns, Australia.

Fundamental data was last updated by Penke on 2024-04-08 08:10:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of True North Copper Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit True North Copper Limited earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare True North Copper Limited to the Copper industry mean.
  • A Net Profit Margin of -2,275.2% means that $-22.75 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of True North Copper Limited:

  • The MRQ is -2,275.2%. The company is making a huge loss. -2
  • The TTM is -2,275.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,275.2%TTM-2,275.2%0.0%
TTM-2,275.2%YOY--2,275.2%
TTM-2,275.2%5Y-568.8%-1,706.4%
5Y-568.8%10Y-568.8%0.0%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,275.2%2.0%-2,277.2%
TTM-2,275.2%1.6%-2,276.8%
YOY-3.8%-3.8%
5Y-568.8%2.1%-570.9%
10Y-568.8%1.0%-569.8%
1.1.2. Return on Assets

Shows how efficient True North Copper Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare True North Copper Limited to the Copper industry mean.
  • -45.2% Return on Assets means that True North Copper Limited generated $-0.45 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of True North Copper Limited:

  • The MRQ is -45.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -45.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-45.2%TTM-45.2%0.0%
TTM-45.2%YOY-9.1%-36.1%
TTM-45.2%5Y-16.7%-28.5%
5Y-16.7%10Y-16.7%0.0%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-45.2%0.1%-45.3%
TTM-45.2%0.3%-45.5%
YOY-9.1%0.9%-10.0%
5Y-16.7%0.8%-17.5%
10Y-16.7%0.1%-16.8%
1.1.3. Return on Equity

Shows how efficient True North Copper Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare True North Copper Limited to the Copper industry mean.
  • -115.2% Return on Equity means True North Copper Limited generated $-1.15 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of True North Copper Limited:

  • The MRQ is -115.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -115.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-115.2%TTM-115.2%0.0%
TTM-115.2%YOY-9.5%-105.7%
TTM-115.2%5Y-34.4%-80.7%
5Y-34.4%10Y-34.4%0.0%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-115.2%0.8%-116.0%
TTM-115.2%0.8%-116.0%
YOY-9.5%1.2%-10.7%
5Y-34.4%0.5%-34.9%
10Y-34.4%-0.9%-33.5%

1.2. Operating Efficiency of True North Copper Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient True North Copper Limited is operating .

  • Measures how much profit True North Copper Limited makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare True North Copper Limited to the Copper industry mean.
  • An Operating Margin of -453.3% means the company generated $-4.53  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of True North Copper Limited:

  • The MRQ is -453.3%. The company is operating very inefficient. -2
  • The TTM is -453.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-453.3%TTM-453.3%0.0%
TTM-453.3%YOY--453.3%
TTM-453.3%5Y-113.3%-340.0%
5Y-113.3%10Y-113.3%0.0%
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ-453.3%2.4%-455.7%
TTM-453.3%2.2%-455.5%
YOY-5.3%-5.3%
5Y-113.3%3.9%-117.2%
10Y-113.3%3.5%-116.8%
1.2.2. Operating Ratio

Measures how efficient True North Copper Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Copper industry mean).
  • An Operation Ratio of 0.21 means that the operating costs are $0.21 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of True North Copper Limited:

  • The MRQ is 0.214. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.214. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.214TTM0.2140.000
TTM0.214YOY-+0.214
TTM0.2145Y0.054+0.161
5Y0.05410Y0.0540.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2141.789-1.575
TTM0.2141.703-1.489
YOY-1.478-1.478
5Y0.0541.505-1.451
10Y0.0541.441-1.387

1.3. Liquidity of True North Copper Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if True North Copper Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Copper industry mean).
  • A Current Ratio of 0.41 means the company has $0.41 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of True North Copper Limited:

  • The MRQ is 0.406. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.406. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.406TTM0.4060.000
TTM0.406YOY0.188+0.218
TTM0.4065Y3.445-3.039
5Y3.44510Y3.4450.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4061.724-1.318
TTM0.4061.738-1.332
YOY0.1882.109-1.921
5Y3.4451.790+1.655
10Y3.4452.046+1.399
1.3.2. Quick Ratio

Measures if True North Copper Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare True North Copper Limited to the Copper industry mean.
  • A Quick Ratio of 0.03 means the company can pay off $0.03 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of True North Copper Limited:

  • The MRQ is 0.030. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.030. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.030TTM0.0300.000
TTM0.030YOY0.061-0.031
TTM0.0305Y0.110-0.080
5Y0.11010Y0.1100.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0300.649-0.619
TTM0.0300.655-0.625
YOY0.0610.912-0.851
5Y0.1100.969-0.859
10Y0.1100.978-0.868

1.4. Solvency of True North Copper Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of True North Copper Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare True North Copper Limited to Copper industry mean.
  • A Debt to Asset Ratio of 0.61 means that True North Copper Limited assets are financed with 60.7% credit (debt) and the remaining percentage (100% - 60.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of True North Copper Limited:

  • The MRQ is 0.607. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.607. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.607TTM0.6070.000
TTM0.607YOY0.042+0.565
TTM0.6075Y0.183+0.425
5Y0.18310Y0.1830.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6070.387+0.220
TTM0.6070.387+0.220
YOY0.0420.362-0.320
5Y0.1830.402-0.219
10Y0.1830.437-0.254
1.4.2. Debt to Equity Ratio

Measures if True North Copper Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare True North Copper Limited to the Copper industry mean.
  • A Debt to Equity ratio of 154.7% means that company has $1.55 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of True North Copper Limited:

  • The MRQ is 1.547. The company is just able to pay all its debts with equity.
  • The TTM is 1.547. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.547TTM1.5470.000
TTM1.547YOY0.044+1.503
TTM1.5475Y0.420+1.128
5Y0.42010Y0.4200.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5470.584+0.963
TTM1.5470.615+0.932
YOY0.0440.663-0.619
5Y0.4200.754-0.334
10Y0.4200.753-0.333

2. Market Valuation of True North Copper Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings True North Copper Limited generates.

  • Above 15 is considered overpriced but always compare True North Copper Limited to the Copper industry mean.
  • A PE ratio of -4.23 means the investor is paying $-4.23 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of True North Copper Limited:

  • The EOD is -1.727. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.232. Based on the earnings, the company is expensive. -2
  • The TTM is -4.232. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.727MRQ-4.232+2.505
MRQ-4.232TTM-4.2320.000
TTM-4.232YOY-10.603+6.371
TTM-4.2325Y-42.782+38.550
5Y-42.78210Y-42.7820.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
EOD-1.7271.295-3.022
MRQ-4.2321.576-5.808
TTM-4.2324.236-8.468
YOY-10.6033.817-14.420
5Y-42.7822.245-45.027
10Y-42.7828.288-51.070
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of True North Copper Limited:

  • The EOD is -1.303. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.192. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.192. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.303MRQ-3.192+1.889
MRQ-3.192TTM-3.1920.000
TTM-3.192YOY-6.190+2.998
TTM-3.1925Y-10.428+7.236
5Y-10.42810Y-10.4280.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
EOD-1.303-2.056+0.753
MRQ-3.192-2.484-0.708
TTM-3.192-3.098-0.094
YOY-6.190-4.746-1.444
5Y-10.428-3.236-7.192
10Y-10.428-4.426-6.002
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of True North Copper Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Copper industry mean).
  • A PB ratio of 4.87 means the investor is paying $4.87 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of True North Copper Limited:

  • The EOD is 1.989. Based on the equity, the company is underpriced. +1
  • The MRQ is 4.874. Based on the equity, the company is fair priced.
  • The TTM is 4.874. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.989MRQ4.874-2.885
MRQ4.874TTM4.8740.000
TTM4.874YOY2.378+2.496
TTM4.8745Y5.212-0.338
5Y5.21210Y5.2120.000
Compared to industry (Copper)
PeriodCompanyIndustry (mean)+/- 
EOD1.9891.478+0.511
MRQ4.8741.283+3.591
TTM4.8741.451+3.423
YOY2.3781.749+0.629
5Y5.2121.588+3.624
10Y5.2121.644+3.568
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of True North Copper Limited.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of True North Copper Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0200.0200%0.004+409%0.013+56%0.013+56%
Book Value Per Share--0.0500.0500%0.031+64%0.031+61%0.031+61%
Current Ratio--0.4060.4060%0.188+116%3.445-88%3.445-88%
Debt To Asset Ratio--0.6070.6070%0.042+1334%0.183+232%0.183+232%
Debt To Equity Ratio--1.5471.5470%0.044+3399%0.420+269%0.420+269%
Dividend Per Share----0%-0%-0%-0%
Eps---0.058-0.0580%-0.007-88%-0.017-71%-0.017-71%
Free Cash Flow Per Share---0.077-0.0770%-0.012-85%-0.025-67%-0.025-67%
Free Cash Flow To Equity Per Share--0.0030.0030%-0.002+166%0.003+11%0.003+11%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.403--------
Intrinsic Value_10Y_min---1.167--------
Intrinsic Value_1Y_max---0.057--------
Intrinsic Value_1Y_min---0.055--------
Intrinsic Value_3Y_max---0.234--------
Intrinsic Value_3Y_min---0.220--------
Intrinsic Value_5Y_max---0.489--------
Intrinsic Value_5Y_min---0.443--------
Market Cap58808697.600-145%144081309.120144081309.1200%42930349.248+236%100415851.152+43%100415851.152+43%
Net Profit Margin---22.752-22.7520%--100%-5.688-75%-5.688-75%
Operating Margin---4.533-4.5330%--100%-1.133-75%-1.133-75%
Operating Ratio--0.2140.2140%-+100%0.054+300%0.054+300%
Pb Ratio1.989-145%4.8744.8740%2.378+105%5.212-6%5.212-6%
Pe Ratio-1.727+59%-4.232-4.2320%-10.603+151%-42.782+911%-42.782+911%
Price Per Share0.100-145%0.2450.2450%0.073+236%0.171+43%0.171+43%
Price To Free Cash Flow Ratio-1.303+59%-3.192-3.1920%-6.190+94%-10.428+227%-10.428+227%
Price To Total Gains Ratio5.110-145%12.51912.5190%18.982-34%22.571-45%22.571-45%
Quick Ratio--0.0300.0300%0.061-51%0.110-72%0.110-72%
Return On Assets---0.452-0.4520%-0.091-80%-0.167-63%-0.167-63%
Return On Equity---1.152-1.1520%-0.095-92%-0.344-70%-0.344-70%
Total Gains Per Share--0.0200.0200%0.004+409%0.013+56%0.013+56%
Usd Book Value--19116828.37919116828.3790%11673679.998+64%11844843.704+61%11844843.704+61%
Usd Book Value Change Per Share--0.0130.0130%0.002+409%0.008+56%0.008+56%
Usd Book Value Per Share--0.0330.0330%0.020+64%0.020+61%0.020+61%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.037-0.0370%-0.004-88%-0.011-71%-0.011-71%
Usd Free Cash Flow---29192220.369-29192220.3690%-4485489.212-85%-9672670.236-67%-9672670.236-67%
Usd Free Cash Flow Per Share---0.050-0.0500%-0.008-85%-0.016-67%-0.016-67%
Usd Free Cash Flow To Equity Per Share--0.0020.0020%-0.001+166%0.002+11%0.002+11%
Usd Market Cap38031584.738-145%93177382.60893177382.6080%27763056.859+236%64938930.940+43%64938930.940+43%
Usd Price Per Share0.065-145%0.1580.1580%0.047+236%0.110+43%0.110+43%
Usd Profit---22017886.424-22017886.4240%-1108912.658-95%-6073346.111-72%-6073346.111-72%
Usd Revenue--967738.048967738.0480%-+100%241934.512+300%241934.512+300%
Usd Total Gains Per Share--0.0130.0130%0.002+409%0.008+56%0.008+56%
 EOD+2 -6MRQTTM+0 -0YOY+14 -195Y+14 -1910Y+14 -19

4.2. Fundamental Score

Let's check the fundamental score of True North Copper Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.727
Price to Book Ratio (EOD)Between0-11.989
Net Profit Margin (MRQ)Greater than0-22.752
Operating Margin (MRQ)Greater than0-4.533
Quick Ratio (MRQ)Greater than10.030
Current Ratio (MRQ)Greater than10.406
Debt to Asset Ratio (MRQ)Less than10.607
Debt to Equity Ratio (MRQ)Less than11.547
Return on Equity (MRQ)Greater than0.15-1.152
Return on Assets (MRQ)Greater than0.05-0.452
Total1/10 (10.0%)

4.3. Technical Score

Let's check the technical score of True North Copper Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.502
Ma 20Greater thanMa 500.088
Ma 50Greater thanMa 1000.087
Ma 100Greater thanMa 2000.096
OpenGreater thanClose0.100
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Net Working Capital  5977,7588,354668,420-3,0575,363-15,243-9,881



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets75,300
Total Liabilities45,739
Total Stockholder Equity29,561
 As reported
Total Liabilities 45,739
Total Stockholder Equity+ 29,561
Total Assets = 75,300

Assets

Total Assets75,300
Total Current Assets6,742
Long-term Assets68,558
Total Current Assets
Cash And Cash Equivalents 3,491
Net Receivables 502
Other Current Assets 5
Total Current Assets  (as reported)6,742
Total Current Assets  (calculated)3,999
+/- 2,743
Long-term Assets
Property Plant Equipment 68,235
Other Assets 322
Long-term Assets  (as reported)68,558
Long-term Assets  (calculated)68,558
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities16,622
Long-term Liabilities29,117
Total Stockholder Equity29,561
Total Current Liabilities
Accounts payable 5,417
Other Current Liabilities 11,014
Total Current Liabilities  (as reported)16,622
Total Current Liabilities  (calculated)16,431
+/- 191
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt406
Other Liabilities 28,789
Long-term Liabilities  (as reported)29,117
Long-term Liabilities  (calculated)29,195
+/- 78
Total Stockholder Equity
Common Stock67,025
Retained Earnings -37,758
Other Stockholders Equity 293
Total Stockholder Equity (as reported)29,561
Total Stockholder Equity (calculated)29,561
+/-0
Other
Capital Stock67,025
Common Stock Shares Outstanding 461,647
Net Invested Capital 29,561
Net Tangible Assets 29,561
Net Working Capital -9,881
Property Plant and Equipment Gross 68,235



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-30
> Total Assets 
0
10,001
16,941
18,849
75,300
75,30018,84916,94110,0010
   > Total Current Assets 
723
1,709
9,572
1,087
6,742
6,7421,0879,5721,709723
       Cash And Cash Equivalents 
0
8,428
6,449
5,793
3,491
3,4915,7936,4498,4280
       Net Receivables 
21
26
315
357
502
5023573152621
       Other Current Assets 
0
0
2,752
153
5
51532,75200
   > Long-term Assets 
0
1,508
7,369
12,688
68,558
68,55812,6887,3691,5080
       Property Plant Equipment 
393
1,487
7,330
12,649
68,235
68,23512,6497,3301,487393
       Long Term Investments 
0
0
39
39
0
0393900
       Long-term Assets Other 
0
21
0
0
0
000210
> Total Liabilities 
0
139
1,151
798
45,739
45,7397981,1511390
   > Total Current Liabilities 
127
351
1,151
5,799
16,622
16,6225,7991,151351127
       Accounts payable 
127
340
1,114
286
5,417
5,4172861,114340127
       Other Current Liabilities 
0
0
0
222
11,014
11,014222000
   > Long-term Liabilities 
0
0
0
0
29,117
29,1170000
       Other Liabilities 
0
0
0
20,682
28,789
28,78920,682000
> Total Stockholder Equity
0
9,862
15,790
18,051
29,561
29,56118,05115,7909,8620
   Retained Earnings -37,758-3,712-2,258-885-454
   Accumulated Other Comprehensive Income 00000
   Capital Surplus 00000
   Treasury Stock00000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue1,496
Cost of Revenue-320
Gross Profit1,1761,176
 
Operating Income (+$)
Gross Profit1,176
Operating Expense-0
Operating Income-27,1501,176
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,710
Selling And Marketing Expenses0
Operating Expense03,710
 
Net Interest Income (+$)
Interest Income0
Interest Expense-99
Other Finance Cost-0
Net Interest Income-98
 
Pretax Income (+$)
Operating Income-27,150
Net Interest Income-98
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-34,047-20,352
EBIT - interestExpense = -6,882
-34,047
-33,948
Interest Expense99
Earnings Before Interest and Taxes (EBIT)-6,783-33,948
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-34,047
Tax Provision-0
Net Income From Continuing Ops-34,047-34,047
Net Income-34,047
Net Income Applicable To Common Shares-34,047
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-6,79898
 

Technical Analysis of True North Copper Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of True North Copper Limited. The general trend of True North Copper Limited is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine True North Copper Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of True North Copper Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.105 < 0.11 < 0.11.

The bearish price targets are: 0.096 > 0.096 > 0.069.

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True North Copper Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of True North Copper Limited. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

True North Copper Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of True North Copper Limited. The current macd is 0.00537282.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the True North Copper Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for True North Copper Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the True North Copper Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
True North Copper Limited Daily Moving Average Convergence/Divergence (MACD) ChartTrue North Copper Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of True North Copper Limited. The current adx is 32.69.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy True North Copper Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
True North Copper Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of True North Copper Limited. The current sar is 0.07622996.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
True North Copper Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of True North Copper Limited. The current rsi is 58.50. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
True North Copper Limited Daily Relative Strength Index (RSI) ChartTrue North Copper Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of True North Copper Limited. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the True North Copper Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
True North Copper Limited Daily Stochastic Oscillator ChartTrue North Copper Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of True North Copper Limited. The current cci is 54.88.

True North Copper Limited Daily Commodity Channel Index (CCI) ChartTrue North Copper Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of True North Copper Limited. The current cmo is 19.86.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
True North Copper Limited Daily Chande Momentum Oscillator (CMO) ChartTrue North Copper Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of True North Copper Limited. The current willr is -28.84615385.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that True North Copper Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
True North Copper Limited Daily Williams %R ChartTrue North Copper Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of True North Copper Limited.

True North Copper Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of True North Copper Limited. The current atr is 0.00900547.

True North Copper Limited Daily Average True Range (ATR) ChartTrue North Copper Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of True North Copper Limited. The current obv is -2,147,463.

True North Copper Limited Daily On-Balance Volume (OBV) ChartTrue North Copper Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of True North Copper Limited. The current mfi is 84.79.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
True North Copper Limited Daily Money Flow Index (MFI) ChartTrue North Copper Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for True North Copper Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

True North Copper Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of True North Copper Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.502
Ma 20Greater thanMa 500.088
Ma 50Greater thanMa 1000.087
Ma 100Greater thanMa 2000.096
OpenGreater thanClose0.100
Total2/5 (40.0%)
Penke

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