Wells Fargo & Company MN Increases Position in Lifezone Metals Limited (NYSE:LZM)

Wells Fargo & Company MN boosted its holdings in Lifezone Metals Limited (NYSE:LZM) by 27.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,483 shares of the company’s stock after buying an additional 4,666 shares during the quarter. Wells Fargo & Company MN’s holdings in Lifezone Metals were worth $149,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Decagon Asset Management LLP purchased a new stake in Lifezone Metals during the fourth quarter worth approximately $4,771,000. JPMorgan Chase & Co. boosted its holdings in shares of Lifezone Metals by 96.1% in the 4th quarter. JPMorgan Chase & Co. now owns 133,356 shares of the company’s stock valued at $927,000 after buying an additional 65,340 shares in the last quarter. Barclays PLC grew its position in shares of Lifezone Metals by 275.9% in the 3rd quarter. Barclays PLC now owns 48,032 shares of the company’s stock valued at $336,000 after buying an additional 35,253 shares during the last quarter. SG Americas Securities LLC raised its stake in Lifezone Metals by 22.7% during the 4th quarter. SG Americas Securities LLC now owns 14,781 shares of the company’s stock worth $103,000 after acquiring an additional 2,731 shares in the last quarter. Finally, Jane Street Group LLC lifted 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.

Lifezone Metals Stock Performance

Shares of LZM stock opened at $3.35 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 0.01. Lifezone Metals Limited has a 1 year low of $2.90 and a 1 year high of $9.51. The stock’s 50-day moving average is $3.85 and its two-hundred day moving average is $5.56.

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.