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LZM

Lifezone Metals Limited

Industry

Industrial Materials

Lifezone Metals Limited operates as a metals company in the battery metals supply chain of extraction, processing, and recycling. It supplies low-carbon and sulphur dioxide emission metals to the battery and EV markets. The company's products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania. The company is based in Ramsey, Isle of Man.

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Lifezone Metals (NYSE:LZM) reported a Q2 EPS loss of $(0.09), a 28.57% decline from the previous year's $(0.07). Sales also fell by 25.31% to $8.26K from $11.06K YoY.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:35 pm

Lifezone Metals (NYSE:LZM) reported a Q3 2024 GAAP EPS of $(0.14), missing the analyst consensus estimate of $(0.05) by 180%.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:11 pm

Lifezone Metals Limited (NYSE:LZM) reported a reduced loss per share of $0.14 for H1 2024, down from $0.18 in H1 2023. The company is progressing its Kabanga Nickel Project in Tanzania, with the Definitive Feasibility Study expected to be completed by the end of September. Lifezone is also advancing a partnership with Glencore to recycle platinum, palladium, and rhodium in the U.S. The company maintains a healthy cash position of $63.5 million as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:10 pm

Roth MKM analyst Mike Niehuser maintains a Buy rating on Lifezone Metals (NYSE:LZM) with a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 4:02 pm

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Portfolio Pulse from Avi Kapoor

April 29, 2024 | 5:04 pm

HealthStream, Inc. reported first-quarter GAAP earnings of 17 cents per share, surpassing estimates of 11 cents per share, with sales of $72.760 million against expectations of $71.883 million, leading to a 7.4% rise in its shares. Other stocks also saw significant movements, including Hibbett, Inc. being acquired by JD Sports Fashion, and various companies like Spotify Technology S.A. and Ryder System, Inc. reporting strong financial results or receiving positive analyst coverage.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 2:50 pm

BTIG analyst Gregory Lewis maintains a Buy rating on Lifezone Metals (NYSE:LZM) but lowers the price target from $14 to $11.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 3:04 pm

Lifezone Metals Limited received a license from Tanzania for a nickel, copper, and cobalt refining facility, planning a feasibility study by Q3 2024 and secured $50M in funding. Worthington Steel reported a 3% increase in Q3 sales to $805.8M and earnings of $49M, announcing a dividend. Ramaco Resources revealed over 1.5 million tons of rare earth oxide at its Brook Mine, indicating significant commercial potential. Alcoa Corporation issued $750M in senior notes for green projects, marking its first Green Finance Instrument.

Portfolio Pulse from Michael Cohen

March 22, 2024 | 9:08 pm

Lifezone Metals has received a license from the Tanzanian government for a multi-metal processing facility at Kahama for the Kabanga Nickel Project. This development marks a significant step forward for the project, potentially impacting the project's timeline and Lifezone Metals' operations in the region.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 4:53 pm

The article highlights the top 3 materials stocks that are currently oversold according to their RSI values, suggesting potential buying opportunities. Arcadium Lithium plc (ALTM) reported better-than-expected quarterly earnings, Newmont Corporation (NEM) announced a 24% Y/Y increase in fourth-quarter revenue, and Lifezone Metals Limited (LZM) revealed a development plan for the Kabanga Nickel Project. Despite positive developments, all three stocks have seen recent declines in their stock prices.

Portfolio Pulse from Avi Kapoor

February 28, 2024 | 1:31 pm

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