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LZM

Lifezone Metals Limited

https://lifezonemetals.com

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

4.48

Mkt cap

362M

Volume

122K

High

4.53

P/E Ratio

-0.85

52-wk high

9.51

Low

4.26

Div yield

N/A

52-wk low

4.20

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

LifeZone Metals (LZM) has announced the discovery of additional high-grade nickel mineralization at the Safari Link area of its Kabanga Nickel Project in Tanzania. This discovery could potentially enhance the project's value and prospects.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:11 am

TransCode Therapeutics, Inc. (RNAZ) shares fell by over 24% after pricing a common stock offering at $1.22 per share. Other stocks moved in Friday's mid-day session with notable gainers including Charge Enterprises (CRGE), Kaman Corporation (KAMN), and Mesa Air Group (MESA), among others. Losers included C3is Inc. (CISS), Azitra, Inc. (AZTR), and iRobot Corporation (IRBT). The market also reacted to various company announcements such as acquisitions, earnings reports, and analyst upgrades or downgrades.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 6:05 pm

Lifezone Metals Limited (NYSE:LZM) has completed funding for Phase 1 of a joint venture with Glencore plc's subsidiary for a platinum group metals recycling project. Both companies have contributed $1.5 million each for a pilot project in Perth, Australia, with Phase 1 expected to finish by the first half of 2024. The project utilizes Lifezone Metals' Hydromet technology and aims to construct a commercial-scale PGM recycling facility in the US following the pilot's success.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:05 am

Lifezone Metals has started a joint venture with a Glencore subsidiary to recycle platinum, palladium, and rhodium from spent automotive catalytic converters in the US. The initial phase of confirmatory piloting work is underway in Perth, Australia, utilizing the Hydromet process for the recovery of PGMs.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 11:05 am

Lifezone Metals Limited (NYSE:LZM) announced a significant increase in resources at its Kabanga Nickel Project in Tanzania following successful drilling programs and updated mineralization interpretation. The Measured and Indicated Resources increased by 69%, and Inferred Resources by 20%. The company's CEO, Chris Showalter, highlighted the project's potential as a low-cost, long-life producer of nickel, copper, and cobalt, essential for the green energy transition. The Definitive Feasibility Study is expected to be completed by Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:47 pm

Roth MKM analyst Mike Niehuser has initiated coverage on Lifezone Metals (NYSE:LZM) with a Buy rating and set a price target of $14 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 11:39 am

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