How to Buy Lifezone Metals Stock
Lifezone Metals Ltd
Lifezone Metals is a mining company located in Isle Of Man, which is part of the Basic Materials sector, and is traded under the ticker LZM on the NYSE exchange.
Lifezone Metals stock last closed at $7.12, up 5.33% from the previous day, and has decreased 33.58% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.07 percentage points. Lifezone Metals stock is currently +57.52% from its 52-week low of $4.52, and -64.26% from its 52-week high of $19.92.
As of May 3, 2024, there are 78.27M shares of LZM outstanding. The market capitalization of LZM is $557.28M. In the past 24 hours, 63,286 LZM shares were traded.
How to Buy Lifezone Metals Stock
Wondering how to invest in Lifezone Metals stock? Here's how.
- Choose where to buy Lifezone Metals stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Lifezone Metals stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your information.
- Evaluate Lifezone Metals stock: The Lifezone Metals ticker symbol is LZM. Is Lifezone Metals stock a good investment? Should you buy shares of LZM? How do LZM's underlying business fundamentals look? Do top analysts think Lifezone Metals is a good buy? Why has LZM's stock price moved recently? (Hint: Our stock research tools can help you evaluate if LZM is a good stock to buy).
- Make your LZM trade: Decide if you will purchase LZM shares at the current market price or use a limit order to purchase LZM shares at a specific price.
- Keep an eye on your investment in LZM: Create a watchlist to the latest updates on your investment in Lifezone Metals stock.
Step 1: Choose where to buy Lifezone Metals stock
You need an online brokerage account to access the NYSE market and buy LZM stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to invest in LZM today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on app for stock market, you need to deposit funds:
Watch the video below if you need help transferring money into your brokerage account.
Step 4: Evaluate Lifezone Metals stock
After you have decided on the best place to buy Lifezone Metals stock, it's very important to research their stock before you buy, so you truly comprehend the risk and upside.
Lifezone Metals shares data
Fundamentals of Lifezone Metals
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LZM's stock page.
Is LZM stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LZM's intrinsic value.
Using relative valuations metrics:
- LZM could be overvalued based on its P/B ratio of 12.48x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.17x
You can do additional valuation analysis on LZM's stock here.
LZM Financial Health Summary
Pros:
- There are more short-term assets than short-term liabilities on the LZM balance sheet.
- There are more short-term assets than long-term liabilities on the LZM balance sheet.
- LZM has a low debt to equity ratio of 0.31.
Cons:
- LZM profit margin has gone down from -805.6% to -24,622.3% in the past year.
- LZM has cash burn of 79032523. It does not have sufficient cash and short-term investments to cover this.
- LZM has $49.39M in cash and short term investments. This is not sufficient to cover its annual cash burn of $79.03M.
Is it a good time to buy Lifezone Metals stock, according to analysts?
Out of 2 Equities analysts who monitor LZM, the consensus analyst rating on Lifezone Metals is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Lifezone Metals stock forecast page.
LZM Technicals
Is LZM Making Money?
Last year, LZM revenue was $1.48M. During the past 2 year, LZM's revenue has gone up by -15.96% per year. This was slower than the Other Industrial Metals & Mining industry average of 5.03%.
Dive into LZM's earnings and revenue performance here.
Are LZM executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at LZM have not bought or sold any shares.
Dig into more about who owns LZM stock here.
Can I rely on LZM as an income stream?
No, Lifezone Metals doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your LZM trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and eToro will place your order.
If you need additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in LZM
Now that you own some LZM stock, you'll want to keep up with your new company.
Start a watchlist to track the most important metrics related to your LZM stock.
LZM Feed
How to Buy Stock in Lifezone Metals
To summarize, here are the 6 steps to buy stock in Lifezone Metals:
- Choose where to buy Lifezone Metals stock
- Open your brokerage account
- Fund your investment account
- Evaluate Lifezone Metals stock
- Make your LZM trade
- Keep an eye on your investment in LZM
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Lifezone Metals, click below.
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