Lifezone Metals (NYSE:LZM) First Quarter 2024 Results
Key Financial Results
- Net loss: US$3.84m (loss narrowed by 36% from 1Q 2023).
- US$0.05 loss per share (improved from US$9.73 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lifezone Metals Earnings Insights
Looking ahead, revenue is forecast to grow 91% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Metals and Mining industry in the US.
Performance of the American Metals and Mining industry.
The company’s shares are up 1.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 3 warning signs for Lifezone Metals you should be aware of, and 1 of them makes us a bit uncomfortable.
Valuation is complex, but we’re helping make it simple.
Find out whether Lifezone Metals is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
