Lifezone Metals Limited

LZM Basic Materials Other Industrial Metals & Mining

Lifezone Metals Limited’s revenue for fiscal 2025 (year ended December 2025) was $1.1 million, up 652.3% from fiscal 2024.

3.06 0.26 −7.83%
Market cap
$298.5M
P/E
0.0×
Fwd P/E
−15.9×
Dividend yield
—
F-score
3/9
Altman Z
−2.30
Beneish M
2.56
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 46.91%

Capital & Financial Ratios $m

Market Cap 298.51
Revenue 1.49
Net Income (19.88)
Free Cash Flow (98.01)
Net Debt 33.20
Current Ratio 0.67 (below 1: weak)
Debt/Equity 0.75
P/E ratio 0.00
Fwd P/E (15.90) (negative: loss-making)
P/S ratio 161.16 (above 10: high)
P/B ratio 2.56
Past 5Y EPS Growth —
This Y EPS Growth (76.47%) (below 0%: weak)
Next Y EPS Growth 33.33% (at or above 15%: strong)
Next Y revenue growth 41.91% (at or above 10%: strong)
Next 5Y EPS Growth (19.25%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 16.49%
10-year low 10-year high
P/B against its own 10 years 11.45%
10-year low 10-year high
EV/Sales against its own 10 years 24.21%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 49 29 20 37
Receivables 5 2 2 2
Inventory 0 0 0 0
Other — — — —
55 32 27 39
2023 2024 2025 Q'26
Payables 8 5 4 6
ST’ Debt — 26 35 35
Other 4 24 20 17
13 56 59 59

Compound Annual Growth %

10y 5y 3y
Sales — — (28.79%)
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — (1.40%)

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 1
’24 — 0 — — 0
’23 — 0 1 1 1
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — (4) — — —
’25 — (7) — — (16)
’24 — (8) — — (16)
’23 0 (6) (18) (3) (27)
’22 0 0 (9) (8) (17)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — (20) — — —
’25 — (17) — — (38)
’24 — (36) — — (67)
’23 0 (24) (31) (25) (79)
’22 0 0 (12) (10) (23)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — (0.17)
’24 — (0.06) — — (0.59)
’23 0.16 (0.09) (2.98) (2.45) (5.34)
’22 (0.05) 0.00 (0.07) (0.30) (0.41)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 9.86 9.88 6.90 4.52 2.90

Analyst estimates 2026–2028

Powerpack
High — — — — — 9.94 11.01 19.92 9.97 7.25
People
People Employees — — — — — 6 6 189 153 93
Revenue/emp, $m — — — — — 0.00 0.49 0.01 0.00 0.01
Income, $m
Income, $m Revenue — — — — — — 3 1 0 1
Gross margin, % — — — — — — 100.00 48.98 38.22 49.52
EBT — — — — — 0 (25) (365) (47) (14)
EBT margin, % — — — — — 0.00 (870.85) (24,676.10) (33,164.56) (1,359.54)
Net income — 0 — — — 0 (25) (365) (47) (14)
Depreciation — — — — — — 0 1 2 1
Per share, $
Per share, $ Revenue — — — — — 0.00 0.05 0.02 0.00 0.01
Earnings — — — — — (0.06) (0.44) (5.34) (0.59) (0.17)
Cash flow — — — — — (0.17) (0.29) (0.40) (0.20) (0.20)
Capex — — — — — 0.00 (0.11) (0.77) (0.65) (0.28)
Free cash flow — — — — — (0.17) (0.40) (1.17) (0.85) (0.47)
Book value — — — — — (1.15) 1.30 1.89 1.26 0.91
Shares, m — — — — — 7 58 68 79 80
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.00
P/S — — — — — — 0.00 162.51 366.04 224.89
P/B — — — — — — 7.99 4.91 4.58 3.26
EV/Sales — — — — — — 0.00 150.94 357.86 237.20
EV/FCF — — — — — — (34.46) (7.13) (4.60) (3.23)
Cash, $m
Cash, $m Operating cash flow — — — — — (1) (17) (27) (16) (16)
Capex — — — — — — (6) (52) (51) (22)
Free cash flow — — — — — (1) (23) (79) (67) (38)
Balance, $m
Balance, $m Working capital — — — — — 1 60 42 (24) (32)
Total debt — — — — — — 0 1 27 52
Net debt — — — — — 0 (20) (48) (2) 32
Shareholders’ equity — — — — — (8) 76 128 99 73
Returns, %
Returns, % ROA — — — — — (0.34) (12.42) (304.19) (30.98) (8.20)
ROIC — — — — — 0.00 (28.80) (284.91) (31.08) (10.96)
ROE — — — — — 0.00 (69.83) (356.22) (40.68) (15.83)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2024

Charts ten years each

Lifezone Metals Limited vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NB NioCorp Developments Ltd. $475.5M — (loss-making) — — n/m −26.61% (below 0%: shrinking) 0.00% 0.00% Compare
ALOY REalloys Inc. $463.7M — (loss-making) — (loss-making) +82.73% (above 0%: growing) n/m −4,222.78% (below 0%: shrinking) 59.08% (4,577.61%) Compare
TMQ Trilogy Metals Inc. $444.3M — (loss-making) — — n/m +11.94% (above 0%: growing) 0.00% 0.00% Compare
UAMY United States Antimony Corporation $416.1M — (loss-making) 85.7× −24.70% (below 0%: shrinking) −46.67% (below 0%: shrinking) −163.88% (below 0%: shrinking) 7.36% (88.08%) Compare
WRN Western Copper and Gold Corporation $413.9M — (loss-making) — — n/m −2.44% (below 0%: shrinking) 0.00% 0.00% Compare
SLI Standard Lithium Ltd. $343.0M — (loss-making) — — n/m −487.43% (below 0%: shrinking) 0.00% 0.00% Compare
NMG Nouveau Monde Graphite Inc. $322.4M — (loss-making) — — n/m −11.32% (below 0%: shrinking) 0.00% 0.00% Compare
LZM Lifezone Metals Limited $298.5M — (loss-making) — (loss-making) −99.65% (below 0%: shrinking) n/m +35.77% (above 0%: growing) 84.34% (64,778.31%)
TII Titan Mining Corporation $200.9M — (loss-making) — +57.27% (above 0%: growing) +916.95% (above 0%: growing) −49.36% (below 0%: shrinking) 44.28% 27.97% Compare
Median of peers $415.0M — — +57.27% — −37.98% 0.00% 0.00%

All 46 Other Industrial Metals & Mining stocks →

Lifezone Metals Limited (LZM) key facts

  • Strength: Lifezone Metals Limited’s revenue for fiscal 2025 (year ended December 2025) was $1.1 million, up 652.3% from fiscal 2024.
  • Lifezone Metals Limited (LZM) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, LZM traded at $3.06, a market capitalization of $298.5 million.
  • Return on equity was −15.8% and debt-to-equity 0.75.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −2.30 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Lifezone Metals Limited (LZM) Latest News

8 Jun

1 May

stockrow.com/LZM · Data as of Jun 30, 2024 · For information only; not investment advice. · © 2026 stockrow.com