Lifezone Metals (LZM) AI Stock Analysis

• Market Cap: $429.78M
• Dividend Yield: N/A
• Average Volume (3M): 187.21K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 142
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.03
• Shares Outstanding: 79,295,690
• 10 Day Avg. Volume: 195,686
• 30 Day Avg. Volume: 187,212
• PEG Ratio: 0.13
• Price to Book (P/B): 6.08
• Price to Sales (P/S): 3871.38
• P/FCF Ratio: -8.13
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 930.48
• Enterprise Value/Gross Profit: -1.67K
• Enterprise Value/Ebitda: -10.42
• 1Y Price Target: $8.00
• Price Target Upside: 55.95% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: $5.00 ▼(-2.53% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by persistent losses and negative cash flows. Technical analysis provides some positive signals, but they are not strong enough to offset the financial challenges. Valuation metrics further highlight profitability concerns, contributing to a lower overall score.

Lifezone Metals Business Overview & Revenue Model

Company Description

Lifezone Metals (LZM) is a forward-thinking company focused on the sustainable production of nickel and other critical minerals essential for the electric vehicle (EV) and renewable energy sectors. Operating primarily in the mining and metallurgy industries, LZM aims to develop innovative processes that minimize environmental impact while maximizing resource efficiency. The company is dedicated to supporting the transition to a low-carbon economy by supplying high-quality materials needed for battery technology and other applications.

How the Company Makes Money

Lifezone Metals generates revenue primarily through the extraction and processing of nickel and other minerals. The company's revenue model is built on selling these materials to manufacturers in the electric vehicle and renewable energy sectors, which are experiencing significant growth due to the global shift towards sustainable energy solutions. Key revenue streams include the sale of processed nickel products, potential royalties from mining operations, and partnerships with companies in the battery supply chain. Strategic collaborations with leading industry players enhance LZM's market presence and provide additional avenues for income, allowing the company to capitalize on the increasing demand for sustainable mineral resources.

Lifezone Metals Financial Statement Overview

Summary

Lifezone Metals faces significant financial challenges, with persistent losses and negative cash flows. While the balance sheet shows moderate leverage, the company's inability to generate positive operating cash flow and net income underscores the need for strategic financial improvements.

Income Statement

The company has experienced significant revenue volatility, with a sharp decline in revenue from 2023 to 2024. Gross profit margin remains positive, but the company is struggling with negative net income and EBIT margins, indicating persistent profitability challenges.

Balance Sheet

The company has a modest debt-to-equity ratio, suggesting manageable leverage. However, the return on equity is negative due to consecutive net losses, raising concerns about shareholder returns. The equity ratio indicates a strong equity base relative to total assets.

Cash Flow

Cash flow from operations remains negative, and free cash flow is significantly negative, highlighting ongoing liquidity issues. The company relies heavily on financing activities to support operations, which may not be sustainable in the long term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	416.32K	140.52K	1.48M	2.93M	2.09M	1.06M
Gross Profit	-231.78K	53.65K	723.85K	1.46M	1.65M	1.06M
EBITDA	-37.16M	-37.89M	-287.89M	-25.16M	-17.87M	57.82K
Net Income	-32.90M	-46.31M	-363.87M	-23.58M	-18.00M	8.91K
Balance Sheet
Total Assets	148.56M	156.65M	142.26M	96.98M	61.89M	1.76M
Cash, Cash Equivalents and Short-Term Investments	12.51M	29.28M	49.39M	20.54M	45.62M	600.09K
Total Debt	31.37M	27.65M	1.79M	395.88K	0.00	0.00
Total Liabilities	45.97M	57.33M	13.95M	20.99M	8.03M	240.10K
Stockholders Equity	93.16M	89.54M	44.65M	-8.47M	54.04M	1.52M
Cash Flow
Free Cash Flow	-47.27M	-66.89M	-78.85M	-23.21M	-1.22M	-409.23K
Operating Cash Flow	-14.27M	-15.89M	-26.98M	-17.04M	-1.22M	-260.64K
Investing Cash Flow	-36.15M	-52.66M	-59.95M	-7.96M	-281.52M	230.32K
Financing Cash Flow	-1.10M	48.42M	115.74M	-80.93K	283.22M	0.00

Lifezone Metals Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LZM, the sentiment is Neutral. The current price of 5.13 is below the 20-day moving average (MA) of 5.63, above the 50-day MA of 5.11, and above the 200-day MA of 4.67, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 41.74 is Neutral, neither overbought nor oversold. The STOCH value of 15.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LZM.

Lifezone Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ABAT	―	$705.92M	―	-70.82%	―	1148.97%	35.59%
LZM	―	$429.78M	-1.15	―	―	―	―
IONR	―	$332.57M	―	-4.25%	―	―	-10.45%
WWR	―	$141.41M	-7.54	-9.26%	―	―	-23.56%

Lifezone Metals Corporate Events

Lifezone Metals Secures $60 Million Loan to Propel Kabanga Nickel Project

Lifezone Metals Limited announced on September 2, 2025, that its subsidiary, Kabanga Nickel Limited, has closed a $60 million bridge loan facility agreement with Taurus Mining Finance to advance the Kabanga Nickel Project in Tanzania. The initial drawdown of $20 million will fund early works and infrastructure development, supporting the acceleration of the project finance process following favorable feasibility study results released on July 18, 2025. Lifezone is also engaged in discussions with potential investors for long-term partnerships and equity investments, with several non-binding offers received. The strategic investment process is ongoing, with no obligation to proceed with any transaction.

Lifezone Metals Reports H1 2025 Financial Results and Advances Kabanga Project

On August 11, 2025, Lifezone Metals announced its financial results for the first half of 2025, highlighting a reduction in general and administrative expenses by 16% year-over-year and a significant investment in the Kabanga Nickel Project. The company completed the acquisition of BHP’s 17% stake in Kabanga Nickel Limited, consolidating its control over the project. Additionally, Lifezone secured a $60 million bridge loan from Taurus Mining Finance to support the project’s development. These developments mark a pivotal achievement for Lifezone, reinforcing its strategic positioning in the nickel market and its commitment to disciplined financial management.

Lifezone Metals Secures $60 Million Bridge Loan for Kabanga Nickel Project

On August 11, 2025, Lifezone Metals announced that its subsidiary, Kabanga Nickel Limited, secured a $60 million bridge loan from Taurus Mining Finance to advance the Kabanga Nickel Project in Tanzania. This loan will fund early works and infrastructure development as the company moves towards long-term project financing. The loan agreement includes issuing warrants to Taurus and is secured by Lifezone’s interests in Kabanga Nickel Limited. The project is expected to be a significant contributor to the global battery metals market, with substantial economic benefits projected from its operations.