JPMorgan Chase & Co. Purchases 37,232 Shares of Lifezone Metals Limited (NYSE:LZM)

JPMorgan Chase & Co. lifted its position in shares of Lifezone Metals Limited (NYSE:LZM) by 120.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,016 shares of the company’s stock after acquiring an additional 37,232 shares during the period. JPMorgan Chase & Co. owned approximately 0.19% of Lifezone Metals worth $476,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in LZM. Barclays PLC lifted its stake in Lifezone Metals by 275.9% during the third quarter. Barclays PLC now owns 48,032 shares of the company’s stock worth $336,000 after purchasing an additional 35,253 shares during the last quarter. State Street Corp raised its holdings in shares of Lifezone Metals by 14.8% during the 3rd quarter. State Street Corp now owns 381,229 shares of the company’s stock worth $2,669,000 after buying an additional 49,197 shares in the last quarter. Creative Planning acquired a new stake in Lifezone Metals in the third quarter valued at about $174,000. Jane Street Group LLC grew its position in Lifezone Metals by 15.5% in the third quarter. Jane Street Group LLC now owns 15,749 shares of the company’s stock valued at $110,000 after acquiring an additional 2,118 shares during the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in Lifezone Metals during the second quarter worth about $124,000.

Wall Street Analyst Weigh In

Separately, Roth Mkm restated a “buy” rating and issued a $14.00 price target on shares of Lifezone Metals in a research note on Wednesday, December 18th.

Lifezone Metals Stock Performance

NYSE LZM opened at $6.25 on Wednesday. Lifezone Metals Limited has a twelve month low of $4.52 and a twelve month high of $9.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.09 and a quick ratio of 1.08. The business’s fifty day moving average is $6.78 and its 200 day moving average is $6.70.

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.