Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
True North CopperASX:TNC +1.43%21 12-1 Month Momentum % is 28.36% as of Sep. 16, 2026. GuruFocus rates ASX:TNC with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 2,503 Metals & Mining companies, True North Copper ranks better than 65.24% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-09-16), True North Copper's 12-1 Month Momentum % is 28.36%.
The industry rank for True North Copper's 12-1 Month Momentum % or its related term are showing as below:
ASX:TNC's 12-1 Month Momentum % is ranked better than 65.24% of 2503
companies
in the Metals & Mining industry
Industry Median: 9.13
vs ASX:TNC: 28.36
True North Copper (ASX:TNC) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
True North Copper 12-1 Month Momentum % Related Terms
ASX:TNC vs SCCO, FCX: 12-1 Month Momentum % Comparison
For the Copper subindustry, True North Copper's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
True North Copper 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, True North Copper's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where True North Copper's 12-1 Month Momentum % falls into.
True North Copper (ASX:TNC) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
True North Copper (ASX:TNC) has a 12-1 Month Momentum % of 28.36% as of Sep. 16, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on True North Copper and its competitors. According to the industry distribution chart, True North Copper ranks #870 out of 2503 companies in the Metals & Mining industry, placing it in the top 34.8%.
Is True North Copper's 12-1 Month Momentum % too high?
True North Copper's current 12-1 Month Momentum % is 28.36%. The Metals & Mining industry median 12-1 Month Momentum % is 9.13. True North Copper's value of 28.36% is 210.6% above this industry median. Based on the distribution chart, True North Copper ranks #870 out of 2503 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, True North Copper has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does True North Copper's 12-1 Month Momentum % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, True North Copper ranks #870 out of 2503 companies for 12-1 Month Momentum %. This puts True North Copper in the upper half of its industry. The industry median 12-1 Month Momentum % is 9.13. True North Copper's value of 28.36% is 210.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Metals & Mining company?
The median 12-1 Month Momentum % among Metals & Mining companies is 9.13, based on 2,503 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. True North Copper's current 12-1 Month Momentum % of 28.36% is 210.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on True North Copper and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 9.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True North Copper's current 12-1 Month Momentum % is 28.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True North Copper stock overvalued right now?
True North Copper (ASX:TNC) has a current 12-1 Month Momentum % of 28.36%. The current 12-1 Month Momentum % is 28.36% and 210.6% above the Metals & Mining industry median of 9.13. True North Copper's overall GF Score™ is 21/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For True North Copper (ASX:TNC), the current 12-1 Month Momentum % is 28.36% as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
True North Copper Ltd is an active mineral exploration company focused on land holdings in North and Central Queensland. It holds exploration tenements for copper, cobalt, gold, and silver, along with a free carried interest in three New South Wales copper-gold porphyry tenements. The company's main projects are the Cloncurry Copper Project, which targets IOCG and copper-gold deposits for open-pit mining, and the Mt Oxide Project, known for its high-grade copper, cobalt, and silver deposit. Its primary revenue comes from the sale of copper sulphate pentahydrate.
21GF Score
Get the complete analysis for ASX:TNC
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:TNC has been successfully added to your 
