Why is True North Copper Limited (ASX: TNC.AX) stock down today?

TNC.AX on the ASX is down -12.79% at $0.38 today, with price action that suggests selling interest.

What moved True North Copper Limited (ASX: TNC.AX) stock today?

Today's move in TNC.AX on the ASX came alongside volume +254.25% above average and a day range of $0.38–$0.40.

How much did True North Copper Limited's (ASX: TNC.AX) volume change today?

TNC.AX's volume on the ASX was 859.54K, +254.25% above its average.

Is True North Copper Limited (ASX: TNC.AX) breaking a resistance level?

TNC.AX on the ASX is trading below its 50-day MA ($0.41) and below its 200-day MA ($0.46), which points to short-term and long-term weakness.

Why Is True North Copper Limited (ASX: TNC.AX) Stock Up Today?

Live update on TNC.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

TNC.AX●ASX

Basic MaterialsCopper

$0.38

$0.05(12.79%)

Australian Market opens in 13h 17m

TNC.AX is Down -12.79% today

You might want to check out Why is TNC.AX Down Today?

True North Copper Limited (ASX: TNC.AX) Update

Volume (Unusual)

859.54K

↑ 254.00%

Open / Previous Close

$0.40 / $0.43

Day Range (Low / High)

$0.38 - $0.40

True North Copper Limited (ASX: TNC.AX) Summary

True North Copper Limited (ASX: TNC.AX) is trading down -12.79% at $0.38, reflecting a negative shift in investor sentiment today. The stock opened at $0.40 and has moved between $0.38 and $0.40 so far.

Trading volume is 859543, which is 254% above its average, and the price action suggests selling interest.

Technically, TNC.AX on the ASX is trading below its 50-day moving average of $0.41 and below its 200-day moving average of $0.46, indicating short-term and long-term weakness.

Meyka's AI assigns TNC.AX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +1.33% in 1 month ($0.38), +16.07% in 1 year ($0.44), and -40.86% in 5 years ($0.22).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
Stay informed and make better investment decisions.

TNC.AX (ASX) Technical Signals

Trading below 50-day moving average ($0.41)

Trading below 200-day moving average ($0.46)

Analyst Recommendations data is not available for TNC.AXAnalyst Recommendations details for TNC.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.38

1 Year

$0.44

3 Years

$0.34

5 Years

$0.22

Good60.00

Is this change significant?

5-Day:-9.09%

1-Month:N/A

3-Month:-9.09%

What's next?

Next earnings date: 7/30/2025