Barclays PLC Grows Stock Holdings in Lifezone Metals Limited (NYSE:LZM)

Barclays PLC raised its position in shares of Lifezone Metals Limited (NYSE:LZM) by 275.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,032 shares of the company’s stock after purchasing an additional 35,253 shares during the period. Barclays PLC’s holdings in Lifezone Metals were worth $336,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Lifezone Metals by 14.8% during the third quarter. State Street Corp now owns 381,229 shares of the company’s stock valued at $2,669,000 after buying an additional 49,197 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Lifezone Metals during the second quarter valued at about $836,000. Rhumbline Advisers bought a new position in shares of Lifezone Metals during the second quarter valued at about $306,000. Creative Planning bought a new position in shares of Lifezone Metals during the third quarter valued at about $174,000. Finally, MetLife Investment Management LLC grew its stake in shares of Lifezone Metals by 129.1% during the third quarter. MetLife Investment Management LLC now owns 22,097 shares of the company’s stock valued at $155,000 after buying an additional 12,451 shares during the last quarter.

Lifezone Metals Stock Up 0.7 %

NYSE LZM opened at $7.03 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.09 and a quick ratio of 1.08. Lifezone Metals Limited has a 1 year low of $4.52 and a 1 year high of $9.70. The business’s 50-day moving average is $6.81 and its 200 day moving average is $6.91.

Analyst Upgrades and Downgrades

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

Lifezone Metals Company Profile

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.