Streetbeat News

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.

Open

6.73

Mkt cap

519M

Volume

20K

High

6.76

P/E Ratio

-1.22

52-wk high

10.74

Low

6.49

Div yield

N/A

52-wk low

4.52

Lifezone Metals has signed a Memorandum of Understanding (MoU) with the Japan Organization for Metals and Energy Security (JOGMEC) to support the Japanese battery industry's need for cleaner metals from the Kabanga Nickel Project.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 10:39 am

Lifezone Metals and BHP have started project financing for the Kabanga Nickel Project in Tanzania, with support from the US DFC. This project aims to boost Tanzania's economy and contribute to the global energy transition.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 10:45 am

Lifezone Metals has started the risk insurance process with the U.S. Development Finance Corporation for its nickel project in Tanzania. This move is aimed at mitigating potential risks associated with the project.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 11:06 am

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

Clever Leaves Holdings Inc. announced its decision to voluntarily delist from Nasdaq, causing a 60% drop in its shares. Other stocks moved significantly in Monday's session, with Deciphera Pharmaceuticals surging 73% after an acquisition announcement, and various companies like Collective Audience and ImmunityBio also seeing substantial gains. Losers included Annovis Bio, down 57% after disappointing trial results, and Addex Therapeutics, falling 48.8% due to a failed epilepsy study.

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

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.