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Company ProfileTartisan Nickel Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
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TN.CN
Tartisan Nickel Corp. Stock AnalysisComprehensive stock analysis for Tartisan Nickel Corp. (TN.CN) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisTN.CN
TN.CN
Tartisan Nickel Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
TN.CN
Home🔹Stocks🔹Tartisan Nickel Corp.

Tartisan Nickel Corp.

FRC Coverage
🇨🇦TN.CN•CNQ

Tartisan Nickel Corp.

FRC Coverage
🇨🇦TN.CN•CNQ
Sentiment

Your view on TN.CN

Sentiment
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Company Overview

Overview

What the company does, where it operates, and who runs it.

*Tartisan Nickel Corp. has paid FRC a fee for research coverage and distribution of reports.

About Tartisan Nickel Corp.

Industry
Industrial Materials
Sector
Basic Materials
CEO
D. Mark Appleby
Headquarters
1286 Stephens Bay Road , Bracebridge, ON, CA
Industry
Industrial Materials
Sector
Basic Materials
CEO
D. Mark Appleby
Headquarters
1286 Stephens Bay Road , Bracebridge, ON, CA
Description

Tartisan Nickel Corp. is a Canadian critical minerals exploration and development company which owns the Kenbridge Nickel-Copper Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger, Glatz & Turtle Pond Project near Dryden, Ontario.

FRC Research
Buy
Fair Value Estimate
CAD$0.60

Hitting High Nickel Grades as Prices Rebound, Relaunches Silver Project Amid Price Spike

Report · Feb 26, 2026

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FRC Research
Buy
Fair Value Estimate
CAD$0.60

Hitting High Nickel Grades as Prices Rebound, Relaunches Silver Project Amid Price Spike

Report · Feb 26, 2026

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Tartisan Nickel Corp., and the rating behind it. TN.CN last traded at C$0.24; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Tartisan Nickel Corp.. Starting points for Tartisan Nickel Corp.: EPS -C$0.0060, beta 0.84 — an Industrial Materials name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Tartisan Nickel Corp.. Tartisan Nickel Corp. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Tartisan Nickel Corp.. Trailing twelve-month EPS for Tartisan Nickel Corp. stands at -C$0.0060. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Tartisan Nickel Corp.. Tartisan Nickel Corp. has reported as a listed company since 2012. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Tartisan Nickel Corp. valued side by side against its closest peers. Tartisan Nickel Corp. is measured against Industrial Materials peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Tartisan Nickel Corp., and how their positions are changing. At a C$32.1M market value, institutional positions materially move Tartisan Nickel Corp.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Tartisan Nickel Corp. executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Tartisan Nickel Corp.. Tartisan Nickel Corp. is a C$32.1M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Tartisan Nickel Corp.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Tartisan Nickel Corp.. Coverage tracks Tartisan Nickel Corp. within Industrial Materials (Basic Materials). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • ANOR.VAnorTech Inc.
  • BRO.VBarksdale Resources Corp.
  • CC.CNCore Assets Corp.
  • CXC.CNCMX Gold & Silver Corp.
  • MERG.VMetal Energy Corp.
  • ROX.VCanstar Resources Inc.
  • STGX.CNStrategX Elements Corp.
  • STS.VSouth Star Battery Metals Corp.

More Industrial Materials companies

  • DRX.AXDiatreme Resources Limited
  • DTEMFDitem Explorations Inc.
  • DTM.AXDart Mining NL
  • DUVNFPeruvian Metals Corp.
  • DVP.AXDevelop Global Limited
  • DWMNFDowa Holdings Co., Ltd.
  • E25.AXElement 25 Limited
  • EAM.VEast Africa Metals Inc.
  • ECGFFEcograf Ltd
  • ECOR.TOEcora Resources PLC
  • ECORFElcora Advanced Materials Corp.
  • ECRAFEcora Royalties PLC

Research Reports

3 reports

*Tartisan Nickel Corp. has paid FRC a fee for research coverage and distribution of reports.

Feb 26, 2026

Hitting High Nickel Grades as Prices Rebound, Relaunches Silver Project Amid Price Spike

Tartisan Nickel Corp. initiates a 4,000m drill program to enhance resource estimates and resumes exploration at Sill Lake amid rising silver prices.

Thumbnail for Hitting High Nickel Grades as Prices Rebound, Relaunches Silver Project Amid Price Spike
Feb 26, 2025

Consolidation Opportunities in an Emerging Nickel Region

Tartisan Nickel (TN) grew 19% since May 2024, beating a falling nickel fund. Its Kenbridge site has lots of nickel and copper for EV batteries.

Thumbnail for Consolidation Opportunities in an Emerging Nickel Region
May 1, 2024

Trading at a Substantial Discount – Resuming Coverage

We are resuming coverage on Tartisan Nickel. The company’s flagship Kenbridge nickel project is located in the Kenora mining district in Ontario.

Thumbnail for Trading at a Substantial Discount – Resuming Coverage
2 reports
Jul 19, 2022

Robust PEA Confirms Viability of Its High-Grade Nickel Deposit

PDF
Oct 21, 2020

Nickel Sulphide Deposit in Ontario / Trading at 10% of Historic NPV Estimate - Initiating Coverage

PDF
15 notes

*Tartisan Nickel Corp. has paid FRC a fee for research coverage and distribution of reports.

Sep 14, 2026·3 weeks agoLatest
Company Announcement

Significant Upside at 18% of PEA NPV

FRC Analyst's Comment

Tartisan Nickel has outlined a clear development pathway for its 100% owned Kenbridge nickel-copper-cobalt project in Northwestern Ontario, advancing work toward a potential restart of the past-producing underground mine. The project has established infrastructure, and a high-grade resource, with planned drilling, metallurgical work, permitting, and engineering supporting an updated economic study.

TN currently trades at just 18% of the after-tax NPV from its 2022 independent economic study (PEA), suggesting the market is significantly undervaluing Kenbridge’s potential. We view the work program as a positive step toward de-risking Kenbridge, with exploration results, and progress toward an updated economic study as key catalysts.

Jun 29, 2026·3 months ago
Company Announcement

Advances Kenbridge toward PFS; expands land package

FRC Analyst's Comment

TN is advancing multiple initiatives to unlock value across its portfolio of critical minerals projects targeting nickel, copper, cobalt, and silver in Ontario.

The company has engaged an independent engineering consultant to review the 2022 Preliminary Economic Assessment (PEA) on its flagship Kenbridge nickel-copper-cobalt project, and prepare a roadmap to advance the project to the Pre-Feasibility Study (PFS) stage, a more detailed engineering and economic study.

TN has also launched a drill program to test the extension of mineralization beyond the current resource and upgrade lower-confidence inferred resources to higher-confidence categories, which, if successful, could improve the project's economics.

Kenbridge is located in an emerging nickel district alongside several advanced-stage deposits. Nearby, Talon Metals(MCAP: $905M) is developing processing infrastructure that could provide future processing synergies for Kenbridge and create strategic partnership or M&A opportunities.

Beyond Kenbridge, TN continues to expand its regional exploration portfolio. Most recently, it expanded its Turtle Pond project through additional claim acquisitions, and outlined an exploration program, including mapping, surface sampling, and potential drilling to evaluate historical nickel-copper targets.

Overall, we believe these initiatives strengthen TN's long-term potential by advancing its flagship project while expanding its regional critical minerals portfolio.

Apr 6, 2026·6 months ago
Company Announcement

Announces a $1M financing

FRC Analyst's Comment

The company is pursuing a $1M equity financing, building on the $1M it raised last month. Proceeds will advance exploration at its flagship Kenbridge nickel-copper project in Ontario. This follows a successful drill program, that returned several high-grade nickel and copper intervals, while confirming that mineralization is continuous along strike, and at depth. We view the recent drilling as an opportunity for TN to upgrade its resources, boosting confidence in the project, and supporting stronger economics. TN is planning a second phase of deeper drilling, followed by a resource update, and an independent advanced economic study (pre-feasibility study).

The Kenbridge project is located in an emerging nickel district, alongside several advanced-stage deposits. TN’s shares are up 129% YoY. Nearby, Talon Metals (TSX: TLO), a major regional player, has seen phenomenal success, with shares up 633% YoY, pushing its MCAP past $1B.

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