FY2025 EPS Estimates for Lifezone Metals Lifted by Analyst

Key Points

• Analysts at Roth Capital have raised their FY2025 earnings per share estimate for Lifezone Metals from ($0.51) to ($0.12), indicating improved financial outlook.
• Wall Street Zen upgraded Lifezone Metals from a "sell" to a "hold" rating, contributing to a consensus rating of "Buy" with a target price of $14.00.
• Lifezone Metals stock has risen 3.4%, with current trading near $5.48 and a 12-month price range between $2.90 and $7.29.

Lifezone Metals Limited (NYSE:LZM - Free Report) - Stock analysts at Roth Capital increased their FY2025 earnings per share estimates for shares of Lifezone Metals in a research note issued on Monday, September 29th. Roth Capital analyst M. Niehuser now forecasts that the company will earn ($0.12) per share for the year, up from their previous estimate of ($0.51). The consensus estimate for Lifezone Metals' current full-year earnings is ($0.32) per share.

Separately, Wall Street Zen raised Lifezone Metals from a "sell" rating to a "hold" rating in a research report on Sunday, August 24th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $14.00.

Lifezone Metals Stock Up 3.4%

LZM stock opened at $5.48 on Wednesday. Lifezone Metals has a 12-month low of $2.90 and a 12-month high of $7.29. The stock's 50 day simple moving average is $4.66 and its 200 day simple moving average is $4.18.

Institutional Investors Weigh In On Lifezone Metals

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets purchased a new stake in shares of Lifezone Metals in the 4th quarter worth $42,000. Ballentine Partners LLC purchased a new stake in shares of Lifezone Metals in the 1st quarter worth $42,000. ProShare Advisors LLC purchased a new stake in shares of Lifezone Metals in the 4th quarter worth $71,000. EdgePoint Investment Group Inc. purchased a new stake in shares of Lifezone Metals in the 2nd quarter worth $71,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Lifezone Metals in the 2nd quarter worth $105,000.

About Lifezone Metals

Lifezone Metals Limited engages in the extraction and refining of metals. It supplies lower-carbon and sulfur dioxide emission metals to the battery storage, EV, and hydrogen markets. The company's products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania.

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