Lifezone Metals Limited

NYSE:LZM Stock Report

Market Cap: US$532.4m

Lifezone Metals Future Growth

Future criteria checks 2/6

Lifezone Metals's earnings are forecast to decline at 53.1% per annum while its annual revenue is expected to grow at 53.1% per year. EPS is expected to decline by 25.4% per annum.

Key information

-53.1%

Earnings growth rate

-25.37%

EPS growth rate

Metals and Mining earnings growth13.4%
Revenue growth rate53.1%
Future return on equityn/a
Analyst coverage

Low

Last updated05 May 2026

Recent future growth updates

Recent updates

New Narrative Apr 21

Kabanga Construction And Funding Risks Will Eventually Support A Stronger Long Term Nickel Position

Catalysts About Lifezone Metals Lifezone Metals is a critical metals company focused on developing the Kabanga nickel and cobalt project in Tanzania and applying hydrometallurgical processing technology across battery and platinum group metals supply chains. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 05

East African Nickel And Hydrometallurgy Will Reshape Long Term Critical Metals Supply

Catalysts About Lifezone Metals Lifezone Metals is a critical metals company focused on developing the Kabanga nickel and cobalt project in Tanzania and applying hydrometallurgy to mining and recycling projects. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 22

Nickel Sulfide Hub And Hydrometallurgy Platform Will Redefine Long Term Critical Metals Supply

Catalysts About Lifezone Metals Lifezone Metals focuses on critical metals projects and hydrometallurgical processing solutions, centered on the Kabanga Nickel project and related downstream and recycling initiatives. What are the underlying business or industry changes driving this perspective?
Analysis Article Sep 18

We Think Lifezone Metals (NYSE:LZM) Has A Fair Chunk Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Seeking Alpha Aug 20

Lifezone Metals: Unveiling Value In Battery Metals' Next Frontier

Summary Lifezone Metals offers a rare, high-grade nickel asset with robust economics, low costs, and proprietary hydrometallurgy, positioning it for the EV and green energy boom. Despite near-term nickel price headwinds, Kabanga's first-quartile cost structure and copper/cobalt credits provide resilience and strong downside protection. Recent milestones—BHP stake buyout, bridge financing, and disciplined financial management—de-risk the project and set up clear catalysts for re-rating. With a market cap far below asset NPV, strong ESG credentials, and a U.S. recycling JV, Lifezone is deeply undervalued and primed for significant upside. Read the full article on Seeking Alpha
Analysis Article Apr 11

Is Lifezone Metals (NYSE:LZM) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha Sep 22

Lifezone Metals: A High-Risk High-Reward Play On Battery-Driven Commodity Opportunities

Summary Lifezone Metals is a pre-production mining company with a nickel sulphide project in Tanzania (Kabanga) that has the potential to be one of the world's largest. The company's proprietary Hydromet technology could prove to be meaningfully more efficient and environmentally-friendly for smelting/refining nickel. A final feasibility study is expected in 2024, but BHP is already onboard as a partner; commercial ore production is currently estimated to begin in 2026. While there are significant risks involved, the increasing demand for nickel in industries such as aerospace and electric vehicles presents an attractive opportunity for Lifezone. Read the full article on Seeking Alpha
Analysis Article Jul 11

We Think Lifezone Metals (NYSE:LZM) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Earnings and Revenue Growth Forecasts

NYSE:LZM - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20274-47N/A-152
12/31/20263-34N/A-152
12/31/20251-14-38-16N/A
9/30/20251-23-42-14N/A
6/30/20250-33-47-12N/A
3/31/20250-41-71-15N/A
12/31/20240-46-67-16N/A
9/30/20241-33-77-17N/A
6/30/20241-364-92-31N/A
3/31/20241-361-77-25N/A
12/31/20231-364-79-27N/A
9/30/20232-375-65-31N/A
6/30/20232-30-40-18N/A
3/31/20233-29-30-22N/A
12/31/20223-24-23-17N/A
12/31/20212-18-7-7N/A
12/31/20201000N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LZM is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LZM is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LZM is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LZM's revenue (53.1% per year) is forecast to grow faster than the US market (11.4% per year).

High Growth Revenue: LZM's revenue (53.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LZM's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 00:19
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lifezone Metals Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gregory LewisBTIG
Roger BellHannam & Partners (Advisory) LLP
Richard NiehuserRoth Capital Partners