State Street Corp Boosts Position in Lifezone Metals Limited (NYSE:LZM)

State Street Corp boosted its position in Lifezone Metals Limited (NYSE:LZM) by 14.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 381,229 shares of the company’s stock after purchasing an additional 49,197 shares during the period. State Street Corp’s holdings in Lifezone Metals were worth $2,669,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in LZM. Bank of New York Mellon Corp purchased a new position in shares of Lifezone Metals in the second quarter worth approximately $836,000. Rhumbline Advisers purchased a new stake in Lifezone Metals in the second quarter worth about $306,000. Creative Planning bought a new position in shares of Lifezone Metals in the third quarter worth about $174,000. MetLife Investment Management LLC lifted its position in shares of Lifezone Metals by 129.1% during the 3rd 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 in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Lifezone Metals during the 2nd quarter valued at approximately $124,000.

Analysts Set New Price Targets

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

Lifezone Metals Trading Down 0.6 %

Shares of Lifezone Metals stock opened at $6.95 on Wednesday. Lifezone Metals Limited has a fifty-two week low of $4.52 and a fifty-two week high of $9.97. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average of $6.76 and a 200 day moving average of $6.94.

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.