Lifezone Metals Limited logo

Lifezone Metals Limited(LZM)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$4.11
09/22/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • SELL Advisory (Loss)
  • Profit
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Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for LZM

09/22/2026: LZM (1-star) is currently NOT-A-BUY. Pass it for now.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -66.32%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/22/2026

Upturn Scorecard

Upturn Star Rating

LZM receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

LZM has moderate overall fundamentals (3 stars), with weak financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+70.6%) and strong revenue growth (+652.2%) are partially offset by soft cash generation (FCF margin -1602.3%), soft profitability (net margin -1289.2%).

Financial Health Rating

LZM's financial health is supported by soft cash strength, including free-cash-flow generation (-1602.3% of revenue). Operating efficiency is weak (1 stars), which helps explain the 1-star overall score.

Growth Momentum Score

Revenue growth is LZM's strongest growth driver at +652.2% FY2025 versus FY2024 (strong, 5 stars). Earnings growth (+70.6%, strong) and free-cash-flow growth (+74.7%, strong) are also constructive, though not equally high across every growth measure.

Ownership

Institutional ownership is 28.5% and approximately 32.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 57.89% supports management-shareholder alignment.

Top 5 Institutional Investors

Cinctive Capital Management LP 8.54%
Grantham, Mayo, Van Otterloo & Co., LLC 2.84%
Amvescap Plc. 2.24%
BlackRock Inc 1.92%
Adage Capital Partners Gp LLC 1.83%

Unit Economics (Per $1K Revenue)

LZM generates approximately $-915 of gross profit, $-17,249 of operating income, and $-16,023 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 1.83%

Quantitative Style Profile

LZM has a High Volatility Profile profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 369.55M USD
Price to earnings Ratio -
1Y Target Price 8.63
Price to earnings Ratio -
1Y Target Price 8.63
Volume (30-day avg) 335.0K shares
Beta 1.33
52 Weeks Range 3.00 - 6.40
Updated Date 09/22/2026
52 Weeks Range 3.00 - 6.40
Updated Date 09/22/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.28

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE -
Enterprise Value 399.96M
Price to Sales(TTM) 154.02
Enterprise Value 399.96M
Price to Sales(TTM) 154.02
Enterprise Value to Revenue 166.7
Enterprise Value to EBITDA -1.13
Shares Outstanding 89.91M
Shares Floating 28.98M
Shares Outstanding 89.91M
Shares Floating 28.98M
Percent Insiders 57.89
Percent Institutions 28.48

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Lifezone Metals Limited

Exchange NYSE
Headquarters -
IPO Launch date 2023-07-05
CEO & Director Mr. Chris Showalter
Sector Basic Materials
Industry Other Industrial Metals & Mining
Full time employees 98
Full time employees 98

Lifezone Metals Limited, together with its subsidiaries, engages in the metals production and recycling business in Australia. It operates through three segments: Metals Extraction Business, Intellectual Property Business, and Corporate. It primarily explores nickel, copper, and cobalt deposits. The company's flagship project is the Kabanga Nickel Project located in north-west Tanzania. It is also involved in the intellectual property licensing business. Lifezone Metals Limited is based in Douglas, Isle of Man.