Lifezone Metals (LZM) AI Stock Analysis

• Market Cap: $430.58M
• Dividend Yield: N/A
• Average Volume (3M): 120.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 142
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.12
• Shares Outstanding: 79,295,690
• 10 Day Avg. Volume: 173,982
• 30 Day Avg. Volume: 120,473
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 2.76K
• Enterprise Value/Gross Profit: 7.22K
• Enterprise Value/Ebitda: -10.20
• 1Y Price Target: $8.00
• Price Target Upside: 48.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: $4.00 ▼(-25.51% Downside)

Lifezone Metals' overall stock score is primarily impacted by its poor financial performance, characterized by persistent losses and negative cash flows. Technical analysis shows some short-term upward trends, but momentum indicators are neutral. The valuation is weak due to a negative P/E ratio and no dividend yield, further weighing down the score.

Lifezone Metals Business Overview & Revenue Model

Company Description

Lifezone Metals (LZM) is a company operating in the mining and metals sector, focusing on the extraction and processing of critical metals. The company is dedicated to delivering sustainable solutions for the mining industry, particularly in the production of metals essential for clean energy technologies. Lifezone Metals specializes in innovative extraction and refining techniques that aim to reduce environmental impact and enhance resource efficiency.

How the Company Makes Money

Lifezone Metals makes money through the extraction and sale of critical metals, primarily those used in the clean energy sector, such as nickel, cobalt, and copper. The company employs advanced processing technologies that improve the efficiency and sustainability of metal recovery, enabling them to offer high-quality metals to the market. Revenue streams for Lifezone Metals include the direct sale of refined metals to industrial clients and partnerships with technology companies looking to secure a stable supply of essential materials for their products. Additionally, strategic alliances and joint ventures with other mining companies and technology firms help bolster its revenue by expanding its operational capabilities and market reach.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	140.52K	1.48M	2.93M	2.09M	1.06M
Gross Profit	53.65K	723.85K	1.29M	1.79M	1.06M
EBITDA	-38.59M	-363.57M	-23.71M	-17.87M	57.82K
Net Income	-46.31M	-363.87M	-23.58M	-9.15M	8.91K
Balance Sheet
Total Assets	156.65M	142.26M	96.98M	12.50M	1.76M
Cash, Cash Equivalents and Short-Term Investments	29.28M	49.39M	20.54M	11.64M	600.09K
Total Debt	27.65M	1.79M	395.88K	0.00	0.00
Total Liabilities	57.33M	13.95M	20.99M	839.65K	240.10K
Stockholders Equity	89.54M	44.65M	-8.47M	11.66M	1.52M
Cash Flow
Free Cash Flow	-66.89M	-78.85M	-23.21M	1.27M	-409.23K
Operating Cash Flow	-15.89M	-26.98M	-17.04M	1.38M	-260.64K
Investing Cash Flow	-52.66M	-59.95M	-7.96M	-106.96K	230.32K
Financing Cash Flow	48.42M	115.74M	-80.93K	9.76M	0.00

Lifezone Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LZM, the sentiment is Positive. The current price of 5.37 is above the 20-day moving average (MA) of 4.79, above the 50-day MA of 4.60, and above the 200-day MA of 4.81, indicating a bullish trend. The MACD of 0.25 indicates Negative momentum. The RSI at 69.16 is Neutral, neither overbought nor oversold. The STOCH value of 73.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LZM.

Lifezone Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMP	46 Neutral	794.59M	-6.48	-65.10%	―	7.27%	27.35%
LZM	44 Neutral	$430.58M	―	-814.96%	―	―	―
IONR	40 Underperform	278.86M	-28.39	―	―	―	-10.45%
IPX	35 Underperform	1.55B	-43.79	―	―	―	-15.85%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

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.

Lifezone Metals Confirms Robust Economics for Kabanga Nickel Project

Lifezone Metals Limited announced the completion of the Feasibility Study for the Kabanga Nickel Project in Tanzania, confirming robust economics and declaring the first-ever mineral reserves for this world-class nickel sulfide project. The study outlines an 18-year mining operation with a total ore production of 52.2 million tonnes, producing high-grade nickel, copper, and cobalt concentrate. The project is expected to have low production costs, significant economic benefits for Tanzania, and a strong alignment with global critical minerals priorities, positioning it well for sustainable financing and long-term value creation.

Lifezone Metals Acquires Full Ownership of Kabanga Nickel Project

On July 18, 2025, Lifezone Metals announced the acquisition of BHP Billiton’s 17% equity interest in Kabanga Nickel Limited, thereby gaining full ownership of the Kabanga Nickel Project in Tanzania. This strategic move allows Lifezone to align its technical, commercial, and ESG strategies and marks a significant milestone as the project transitions to its next development stage. The acquisition involves a deferred consideration structure with payments linked to project milestones and share price performance. Lifezone is also advancing strategic financing initiatives with Standard Chartered Bank and Societe Generale to support the project’s development, aiming to create long-term value for stakeholders, including the Tanzanian government and local communities.