Lifezone Metals Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of LZM?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	8,850,069	11.1%
General Public	12,608,658	15.8%
Institutions	15,478,352	19.3%
Individual Insiders	43,063,275	53.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 82.6% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
29.3%	Keith Liddell	23,451,437	US$104.8m	-1.05%	no data
12%	Peter Smedvig	9,571,923	US$42.8m	-30.7%	no data
6.49%	Varna Holdings Limited	5,193,889	US$23.2m	-10%	no data
5.22%	Mike Adams	4,176,842	US$18.7m	2.45%	no data
4.69%	Cinctive Capital Management LP	3,752,920	US$16.8m	19.1%	1.19%
4.57%	Kamberg Investments Ltd	3,656,180	US$16.3m	-9.99%	no data
4.18%	BlackRock, Inc.	3,340,785	US$14.9m	0.76%	no data
3.98%	Chris Showalter	3,182,868	US$14.2m	-7.45%	no data
3.19%	Grantham Mayo Van Otterloo & Co. LLC	2,550,100	US$11.4m	0%	0.02%
1.59%	John Dowd	1,269,512	US$5.7m	0%	no data
1.12%	Invesco Capital Management LLC	893,867	US$4.0m	32%	no data
0.84%	Adage Capital Management, L.P.	674,854	US$3.0m	0%	no data
0.69%	Anthony Von Christierson	549,128	US$2.5m	8.5%	no data
0.68%	Govind Friedland	543,657	US$2.4m	-18.1%	no data
0.62%	Sprott Inc.	492,347	US$2.2m	40%	0.07%
0.57%	Jennison Associates LLC	452,817	US$2.0m	0%	no data
0.54%	Geode Capital Management, LLC	433,536	US$1.9m	-1.14%	no data
0.51%	State Street Global Advisors, Inc.	411,212	US$1.8m	-2.14%	no data
0.49%	Amati Global Investors Ltd.	390,000	US$1.7m	30%	0.64%
0.31%	Northern Trust Global Investments	244,564	US$1.1m	10.1%	no data
0.27%	The Vanguard Group, Inc.	215,105	US$961.5k	-1.49%	no data
0.23%	Natasha Liddell	186,003	US$831.4k	0%	no data
0.2%	Macquarie Investment Management Business Trust	161,581	US$722.3k	-12.9%	no data
0.2%	UBS Asset Management AG	156,540	US$699.7k	163%	no data
0.16%	Creative Planning, LLC	125,155	US$559.4k	60.5%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/18 19:39
End of Day Share Price	2025/07/18 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

Analyst	Institution
Roger Bell	Hannam & Partners (Advisory) LLP
Richard Niehuser	Roth Capital Partners
Brandon Gaspar	SCP Resource Finance LP