In the past week, LZM stock has gone up by 9.70%, with a monthly decline of -4.17% and a quarterly surge of 26.94%. The volatility ratio for the week is 16.19%, and the volatility levels for the last 30 days are 10.38% for Lifezone Metals Ltd The simple moving average for the past 20 days is -3.79% for LZM’s stock, with a -20.92% simple moving average for the past 200 days.
Is It Worth Investing in Lifezone Metals Ltd (NYSE: LZM) Right Now?
Lifezone Metals Ltd (NYSE: LZM) has a price-to-earnings ratio that is above its average at 650.44x. The stock has a 36-month beta value of 0.20. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LZM is 4.37M, and at present, short sellers hold a 4.48% of that float. On April 30, 2024, the average trading volume of LZM was 55.32K shares.
LZM) stock’s latest price update
The stock of Lifezone Metals Ltd (NYSE: LZM) has decreased by -11.02 when compared to last closing price of 8.26.Despite this, the company has seen a gain of 9.70% in its stock price over the last five trading days. GlobeNewsWire reported 2023-10-12 that New York (United States), Oct. 12, 2023 (GLOBE NEWSWIRE) — Lifezone Metals Limited (“Lifezone Metals” or the “Company”) (NYSE: LZM), a modern metals company creating value across the battery metals supply chain from resource to metals production and recycling, announced today that Evan Young has joined the Company as Senior Vice President of Investor Relations and Capital Markets.
Analysts’ Opinion of LZM
Many brokerage firms have already submitted their reports for LZM stocks, with ROTH MKM repeating the rating for LZM by listing it as a “Buy.” The predicted price for LZM in the upcoming period, according to ROTH MKM is $14 based on the research report published on November 27, 2023 of the previous year 2023.
Liberum, on the other hand, stated in their research note that they expect to see LZM reach a price target of $17.50. The rating they have provided for LZM stocks is “Buy” according to the report published on November 15th, 2023.
BTIG Research gave a rating of “Buy” to LZM, setting the target price at $14 in the report published on August 02nd of the previous year.
LZM Trading at 6.09% from the 50-Day Moving Average
After a stumble in the market that brought LZM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.10% of loss for the given period.
Volatility was left at 10.38%, however, over the last 30 days, the volatility rate increased by 16.19%, as shares sank -6.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.59% upper at present.
During the last 5 trading sessions, LZM rose by +9.70%, which changed the moving average for the period of 200-days by -45.76% in comparison to the 20-day moving average, which settled at $7.61. In addition, Lifezone Metals Ltd saw -18.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LZM
Current profitability levels for the company are sitting at:
- -247.08 for the present operating margin
- -0.22 for the gross margin
The net margin for Lifezone Metals Ltd stands at -246.22. The total capital return value is set at -2.82. Equity return is now at value 0.15, with 0.14 for asset returns.
Based on Lifezone Metals Ltd (LZM), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -14.97. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -1722.52.
Currently, EBITDA for the company is -287.1 million with net debt to EBITDA at 0.17. When we switch over and look at the enterprise to sales, we see a ratio of 365.67. The receivables turnover for the company is 0.54for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.30.
Conclusion
To sum up, Lifezone Metals Ltd (LZM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
