SG Americas Securities LLC Grows Stake in Lifezone Metals Limited (NYSE:LZM)

SG Americas Securities LLC boosted its position in shares of Lifezone Metals Limited (NYSE:LZM) by 22.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,781 shares of the company’s stock after acquiring an additional 2,731 shares during the quarter. SG Americas Securities LLC’s holdings in Lifezone Metals were worth $103,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of LZM. Jane Street Group LLC increased its position in shares of Lifezone Metals by 15.5% during the 3rd quarter. Jane Street Group LLC now owns 15,749 shares of the company’s stock valued at $110,000 after purchasing an additional 2,118 shares during the last quarter. MetLife Investment Management LLC grew its position in 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 period. The Manufacturers Life Insurance Company purchased a new stake in Lifezone Metals during the second quarter valued at approximately $124,000. Creative Planning bought a new position in Lifezone Metals in the third quarter worth approximately $174,000. Finally, Barclays PLC boosted its stake in shares of Lifezone Metals by 275.9% during the 3rd quarter. Barclays PLC now owns 48,032 shares of the company’s stock worth $336,000 after acquiring an additional 35,253 shares during the last quarter.

Lifezone Metals Stock Performance

NYSE LZM opened at $5.75 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.08 and a current ratio of 1.09. Lifezone Metals Limited has a 12 month low of $4.52 and a 12 month high of $9.51. The company’s 50 day moving average is $6.58 and its two-hundred day moving average is $6.53.

Wall Street Analyst Weigh In

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

Lifezone Metals 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.