Lifezone Metals (NYSE:LZM) Earns Sell (E+) Rating from Weiss Ratings

Lifezone Metals (NYSE:LZM - Get Free Report)'s stock had its "sell (e+)" rating restated by equities research analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.Separately, Wall Street Zen upgraded shares of Lifezone Metals from a "sell" rating to a "hold" rating in a report on Sunday, August 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $14.00.Get Lifezone Metals alerts:Check Out Our Latest Stock Analysis on Lifezone MetalsLifezone Metals Price PerformanceShares of Lifezone Metals stock traded down $0.04 on Friday, hitting $4.95. The company had a trading volume of 74,155 shares, compared to its average volume of 128,143. The firm has a market capitalization of $387.44 million, a P/E ratio of -1.06 and a beta of 0.63. Lifezone Metals has a twelve month low of $2.90 and a twelve month high of $7.29. The stock has a 50-day moving average of $5.14 and a 200-day moving average of $4.42. Institutional Investors Weigh In On Lifezone MetalsA number of hedge funds have recently made changes to their positions in LZM. EdgePoint Investment Group Inc. acquired a new stake in Lifezone Metals during the 2nd quarter worth approximately $71,000. Jane Street Group LLC acquired a new position in shares of Lifezone Metals in the 2nd quarter worth approximately $136,000. Invesco Ltd. lifted its position in shares of Lifezone Metals by 8.8% in the 2nd quarter. Invesco Ltd. now owns 990,623 shares of the company's stock worth $4,081,000 after purchasing an additional 80,093 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Lifezone Metals by 200.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 201,680 shares of the company's stock worth $831,000 after purchasing an additional 134,655 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Lifezone Metals in the 2nd quarter worth approximately $105,000. About Lifezone Metals (Get Free Report)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.See AlsoFive stocks we like better than Lifezone MetalsWhat is an Earnings Surprise? $14B Japanese Facility Signals TSMC's Bold AI StrategyCD Calculator: Certificate of Deposit Calculator How Royalty Pharma Prints Cash Without Biotech's Biggest RisksQuiet Period Expirations ExplainedMeta Platforms Stock Falls Despite Strong Growth—Here’s WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Lifezone Metals Right Now?Before you consider Lifezone Metals, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lifezone Metals wasn't on the list.While Lifezone Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here