Lifezone Metals Ltd
LZMBasic Materials·Other Industrial Metals & Mining·United Kingdom·Small·NYSE·Nov 11 • 3:59 PM ET
Price
LZM against its 20, 50 and 200-day averages29.8% under the 52-week high of 6.40 on 20 Apr 2026. 52-week low 2.95 on 23 Oct 2026. Last 15 sessions, 54.6% high to low
Volume 1.83× normal · the line is the 50-bar volume average
Profile
LZMLifezone Metals Ltd. engages in the battery metals supply chain from resource extraction to metals production and recycling. It operates through Metals Extraction and Refining Business and Intellectual Property Licensing Business segments. The Metals Extraction and Refining Business segment consists of Lifezone's interest in KNL, comprising the Kabanga Nickel Project in Tanzania. The Intellectual Property Licensing Business segment refers to patents residing with and managed by Lifezone's subsidiary Lifezone Limited, a team of trained engineers and scientists based on Lifezone's newly acquired Simulus hydromet laboratory in Perth. The company was founded by Keith Stuart Liddell in 2008 and is headquartered in Douglas, the United Kingdom.
| Index | RUT |
|---|---|
| Employees | 93 |
| IPO | Dec 13, 2021 |
| Beta | 1.31 |
| ATR, 14d | 0.32 |
| Rel volume | 1.83 |
| Short float | 11.43% |
| Insider own | 53.77% |
| Inst own | 28.60% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 403.71M |
| Enterprise Value | 454.51M |
| Income | -23.20M |
| Sales | 2.40M |
| Book/sh | 0.99 |
| Cash/sh | 0.25 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 93 |
| IPO | Dec 13, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 168.21 |
| P/B | 4.54 |
| P/C | 18.21 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 189.38 |
| Quick Ratio | 0.41 |
| Current Ratio | 0.41 |
| Debt/Eq | 0.83 |
| LT Debt/Eq | 0.41 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -0.27 |
|---|---|
| EPS next Y | -0.35 |
| EPS next Q | -0.08 |
| EPS this Y | -38.24% |
| EPS next Y | -51.06% |
| EPS next 5Y | - |
| EPS past 3/5Y | -68.75% -89.25% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 94.16% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 98.36% |
| Sales Q/Q | -52.48% |
| Earnings | Oct 29 BMO |
| EPS/Sales Surpr. | 46.67% 112.50% |
Ownership
| Insider Own | 53.77% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 28.60% |
| Inst Trans | 7.04% |
| ROA | -12.99% |
| ROE | -24.73% |
| ROIC | -18.33% |
| Gross Margin | -28.49% |
| Oper. Margin | -849.79% |
| Profit Margin | -966.75% |
| SMA20 | 22.33% |
| SMA50 | 19.12% |
| SMA200 | 7.65% |
| Trades | - |
Technical
| Shs Outstand | 90.41M |
|---|---|
| Shs Float | 41.56M |
| Short Float | 11.43% |
| Short Ratio | 10.37 |
| Short Interest | 4.75M |
| 52W High | 6.40 -29.84% |
| 52W Low | 2.95 52.20% |
| Volatility | 10.17% 8.95% |
| ATR (14) | 0.32 |
| RSI (14) | 71.26 |
| Beta | 1.31 |
| Rel Volume | 1.83 |
| Avg Volume | 458.42K |
| Volume | 837,103 |
Performance
| Perf Week | 13.96% |
|---|---|
| Perf Month | 27.92% |
| Perf Quarter | 18.47% |
| Perf Half Y | -20.25% |
| Perf YTD | 5.15% |
| Perf Year | 11.69% |
| Perf 3Y | -53.85% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 8.63 |
| Prev Close | 4.51 |
| Price | 4.49 |
| Change % | -0.44% |
Analyst ratings
latest 3 of 3| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Nov 27, 2023 | Initiated | RROTH MKM | Buy | $14 | +211.8% |
| Nov 15, 2023 | Initiated | LLiberum | Buy | $17.50 | +289.8% |
| Aug 02, 2023 | Initiated | BBTIG Research | Buy | $14 | +211.8% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| TMC | TMC the metals company Inc | 1.08B |
| NEXM | NexMetals Mining Corp | 42.07M |
| ELBM | Electra Battery Materials Corp | 45.24M |
| VALE | Vale SA ADR | 47.16B |
| TMQ | Trilogy Metals Inc | 380.86M |
| BHP | BHP Group Limited ADR | 208.55B |
| NAK | Northern Dynasty Minerals Ltd | 354.15M |
| PLG | Platinum Group Metals Ltd | 136.99M |
| IE | Ivanhoe Electric Inc | 1.19B |
| SBSW | Sibanye Stillwater Limited ADR | 6.51B |
Insider trading
2 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Showalter Christopher Michael | Chief Executive Officer | Apr 07 '26 | Option Exercise | 0.00 | 113,334 | 11 | 2,896,202 | Apr 15 02:22 PM |
| Davis Spencer | Chief Legal Officer | Apr 07 '26 | Option Exercise | 0.00 | 34,000 | 3 | 34,000 | Apr 14 10:31 AM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| PBW | Invesco WilderHill Clean Energy ETF | AUM: 303.43M |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| NIKL | Sprott Nickel Miners ETF | AUM: 37.81M |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| SETM | Sprott Critical Materials ETF | AUM: 427.65M |
| IWV | iShares Russell 3000 ETF | AUM: 20.32B |
| VTWG | Vanguard Russell 2000 Growth Index ETF | AUM: 1.41B |
| RSSL | Global X Russell 2000 ETF | AUM: 1.43B |
News
latest 14 of 140- Lifezone Metals Puts A Name And A Number On Kabanga Financing, But An Unsigned Tanzania Deal And Shrinking Liquidity Keep The Clock Running (Earnings Whispers) +5.23%
- Lifezone Announces Q3 2026 Interim Financial Results (Business Wire)
- Lifezone Announces Release Date of Q3 2026 Interim Financial Results and Notice of Investor Webcast (Business Wire) +5.29%
- Lifezone Metals Confirms Advanced Negotiations with Orion CMC on Kabanga Nickel Project (Business Wire) +13.03%
- Lifezone Announces the Appointment of Ken Chernin as Senior Vice President, Investor Relations and Capital Markets (Business Wire)
- Lifezone Metals Announces US$8 Million Reduction in Cap on Consideration Payable to BHP Following Continued IFC Performance Standard 5 Alignment (Business Wire)
- Lifezone Metals Announces H1 2026 Interim Financial Results (Business Wire) -5.64%
- Earnings To Watch: Lifezone Metals Ltd (LZM) Q2 2026 -- GF Value Sees 26% Upside (GuruFocus.com)
- Lifezone Announces Release Date of H1 2026 Interim Financial Results and Notice of Investor Webcast (Business Wire)
- Lifezone Metals Publishes 2025 Sustainability Report (Business Wire)
- Lifezone Metals Response to Media Report (Business Wire)
- Is Idaho Strategic Resources (IDR) Outperforming Other Basic Materials Stocks This Year? (Quartz)
- Lifezone Metals Announces Voting Results from its 2026 Annual General Meeting (Business Wire)
- Lifezone Metals Announces Q1 2026 Financial Results Summary (Business Wire) +13.22%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026S1 | 2026-07-29 | -0.080 | -0.150 | - | 1.70 | 0.80 | 1 |
| 2025Q3 | 2025-12-03 | -0.066 | -0.066 | -0.070 | 0.33 | 0.16 | 1 |
| 2025S1 | 2025-08-11 | -0.080 | - | -0.077 | 0.51 | - | - |
| 2025Q1 | 2025-05-19 | -0.120 | -0.120 | -0.030 | 0.00 | 0.00 | 1 |
| 2024Q4 | 2025-04-09 | -0.090 | -0.090 | -0.030 | 0.00 | 0.00 | 1 |
| 2024Q3 | 2024-11-27 | -0.090 | -0.110 | -0.030 | 0.00 | 0.00 | 1 |
| 2024Q2 | 2024-08-19 | -0.090 | -0.065 | -0.060 | 0.01 | 0.01 | 2 |
| 2024Q1 | 2024-05-13 | -0.050 | -0.062 | -0.032 | 0.04 | 0.23 | 2 |
| 2023Q4 | 2024-02-28 | -0.025 | -0.088 | -0.060 | 0.46 | 0.54 | 2 |
| 2023Q3 | 2023-11-29 | -0.124 | -0.165 | -4.526 | 0.59 | 0.25 | 2 |
| 2023Q2 | 2023-09-20 | -0.060 | -0.095 | -0.060 | 0.00 | 0.58 | 1 |
| 2023Q1 | 2023-07-31 | 0.000 | - | 0.036 | 0.58 | - | - |
| 2026Q1 | - | - | -0.049 | - | - | 0.98 | 1 |
| 2026Q2 | - | - | -0.045 | - | - | 1.46 | 1 |
| 2026Q3 | - | - | -0.052 | -0.074 | 0.26 | 1.47 | 1 |
| 2026Q4 | - | - | -0.047 | - | - | 1.47 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2023FY | -1.670 | -0.284 | -5.522 | 1.51 | 2.00 |
| 2024FY | -0.590 | -0.320 | -0.589 | 0.14 | 0.05 |
| 2025FY | -0.170 | - | -0.090 | 1.08 | - |
| 2026FY | - | -0.235 | - | - | 2.99 |
| 2027FY | - | -0.355 | - | - | 3.49 |
| 2028FY | - | -0.288 | - | - | 6.65 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026FY | S | 2026-11-06 | 2 | 1 | 0 | 2.99 | 2.20 | 3.78 |
| 2026FY | S | 2026-10-29 | 2 | 0 | 0 | 2.64 | 1.50 | 3.78 |
| 2026FY | S | 2026-06-27 | 1 | 0 | 0 | 1.50 | 1.50 | 1.50 |
| 2026FY | S | 2026-06-02 | 2 | 0 | 0 | 2.68 | 1.50 | 3.86 |
| 2026FY | S | 2026-05-04 | 2 | 0 | 1 | 2.68 | 1.50 | 3.86 |
| 2026FY | S | 2026-03-19 | 1 | 0 | 1 | 3.86 | 3.86 | 3.86 |
| 2026FY | S | 2026-01-04 | 1 | 0 | 0 | 5.38 | 5.38 | 5.38 |
| 2026FY | S | 2025-11-11 | 2 | 0 | 0 | 2.69 | 0.00 | 5.38 |
| 2026FY | S | 2025-11-10 | 2 | 0 | 0 | 2.69 | 0.00 | 5.38 |
| 2026FY | S | 2025-11-09 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026FY | S | 2025-11-08 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026FY | S | 2025-11-07 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026FY | S | 2025-11-06 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026FY | S | 2025-11-05 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.013 | -0.036 | -5.522 | -0.589 | -0.171 | -0.2746 |
|---|---|---|---|---|---|---|
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -0.054 | 0.036 | -4.526 | -0.06 | -0.032 | -0.074 |
| Period | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '26 |
| Sales, annual | 0 | 0 | 1.478 | 0.141 | 1.057 | 2.4 |
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 0 | 0 | 0.556 | 0.415 | 0.041 | 0.264 |
| Period | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '26 |
| Shares, annual | 35.835 | 35.835 | 78.27 | 79.12 | 83.784 | 90.411 |
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 35.835 | 35.835 | 79.919 | 78.27 | - | 90.411 |
| Period | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Total Revenue | 0.26 | 1.06 | 0.14 | 1.48 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.46 | 2.02 | 1.66 | 1.80 | 0.00 | 0.00 |
| Gross Profit | -0.19 | -0.97 | -1.52 | -0.32 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 4.93 | 17.27 | 37.96 | 287.82 | 5.40 | 0.47 |
| Research and Development | 0.07 | 0.13 | 0.16 | 0.09 | - | - |
| Other Operating Expense | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -5.33 | -18.23 | -39.48 | -288.14 | -5.40 | -0.47 |
| Interest Expense | 2.77 | 10.40 | 6.13 | 0.05 | - | 0.00 |
| Unusual Expense | -1.02 | -13.91 | 3.56 | 76.86 | 0.00 | 0.00 |
| Net Income Before Taxes | -6.87 | -14.37 | -46.60 | -364.66 | -1.27 | -0.48 |
| Income Taxes | -0.14 | -0.26 | 0.54 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -6.73 | -14.11 | -47.14 | -364.66 | -1.27 | -0.48 |
| Net Income From Continuing Operations | -6.67 | -13.63 | -46.31 | -363.87 | -1.27 | -0.48 |
| Net Income | -6.67 | -13.63 | -46.31 | -363.87 | -1.27 | -0.48 |
| EPS (Recurring) | -0.08 | -0.29 | -0.56 | -4.71 | -0.04 | -0.01 |
| EPS (Basic, Before Extraordinaries) | -0.07 | -0.17 | -0.59 | -5.52 | -0.04 | -0.01 |
| EPS (Diluted) | -0.07 | -0.17 | -0.59 | -5.52 | -0.04 | -0.01 |
| EBITDA | -4.97 | -16.74 | -37.91 | -287.10 | -5.40 | -0.47 |
| Non-Operating Income (Expense) | 0.22 | 0.35 | 2.57 | 0.39 | 4.13 | -0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.00 | 0.00 | 0.00 | 265.56 | - | - |
| Price To Earnings Ratio | - | - | - | 800.00 | 1,365.79 | - |
| Price To Sales Ratio | 139.37 | 322.61 | 3,890.51 | 403.07 | - | - |
| Gross Margin | -28.49 | -91.47 | -1,080.80 | -21.52 | - | - |
| Operating Margin | -849.79 | -1,724.94 | -28,094.71 | -19,497.39 | - | - |
| Net Margin | -966.75 | -1,289.25 | -32,952.31 | -24,622.29 | - | - |
| Shares Outstanding | 90.41 | 83.78 | 79.12 | 78.27 | 35.84 | 35.84 |
| Market Capitalization | 403.72 | 403.72 | 556.00 | 706.87 | 333.10 | 318.02 |
Income statement, quarterly
| Metric | 2026Q3 | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q1 | 2022Q4 | 2022Q3 | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.26 | - | 0.04 | 0.41 | 0.56 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.46 | - | 0.50 | 0.82 | 0.76 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -0.19 | - | -0.46 | -0.41 | -0.21 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 4.93 | - | 3.75 | 4.39 | 270.22 | 1.30 | 4.37 | 0.24 |
| Research and Development | 0.07 | - | - | 0.01 | - | - | - | - |
| Other Operating Expense | 0.21 | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -5.33 | - | -4.21 | -4.80 | -270.43 | -1.30 | -4.37 | -0.24 |
| Interest Expense | 2.77 | - | 0.10 | 0.02 | 0.02 | 0.00 | - | - |
| Unusual Expense | -1.02 | - | - | -0.12 | 76.90 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -6.87 | - | -3.84 | -4.54 | -347.49 | 1.30 | -1.94 | 1.03 |
| Income Taxes | -0.14 | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -6.73 | - | -3.84 | -4.54 | -347.49 | 1.30 | -1.94 | 1.03 |
| Net Income From Continuing Operations | -6.67 | - | -3.84 | -4.72 | -348.75 | 1.30 | -1.94 | 1.03 |
| Net Income | -6.67 | - | -3.84 | -4.72 | -348.75 | 1.30 | -1.94 | 1.03 |
| EPS (Recurring) | -0.08 | - | -0.03 | -0.06 | -3.83 | 0.04 | -0.05 | 0.03 |
| EPS (Basic, Before Extraordinaries) | -0.07 | - | -0.03 | -0.06 | -4.53 | 0.04 | -0.05 | 0.03 |
| EPS (Diluted) | -0.07 | - | -0.03 | -0.06 | -4.53 | 0.04 | -0.05 | 0.03 |
| EBITDA | -4.97 | - | -3.72 | -4.73 | -269.67 | -1.30 | -4.37 | -0.24 |
| Non-Operating Income (Expense) | 0.22 | - | 0.46 | 0.17 | -0.14 | 2.60 | 2.43 | 1.27 |
| Other After Tax Adjustments | 0.00 | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.00 | - | - | - | 265.56 | - | - | - |
| Price To Earnings Ratio | - | - | 678.76 | 800.00 | 1,085.84 | 933.63 | 1,365.79 | 1,334.21 |
| Gross Margin | -73.52 | - | -1,101.24 | -98.56 | -37.38 | - | - | - |
| Operating Margin | -2,017.66 | - | -10,162.28 | -1,157.72 | -48,614.67 | - | - | - |
| Net Margin | -2,523.27 | - | -9,289.90 | -1,138.22 | -62,694.18 | - | - | - |
| Shares Outstanding | 90.41 | - | - | 78.27 | 79.92 | 35.84 | 35.84 | 35.84 |
| Market Capitalization | 403.72 | - | 612.98 | 706.87 | 974.47 | 338.56 | 333.10 | 325.40 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 20.14 | 29.28 | 49.39 | 0.02 | 0.47 |
| Short Term Receivables | 1.10 | 0.93 | 2.72 | 0.00 | 0.00 |
| Inventories | 0.06 | 0.16 | 0.10 | 0.00 | 0.00 |
| Other Current Assets | 0.92 | 1.28 | 2.61 | 0.29 | 0.53 |
| Total Current Assets | 22.23 | 31.66 | 54.82 | 0.31 | 1.01 |
| Net Property, Plant & Equipment | 6.44 | 6.53 | 7.69 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 285.65 | 281.52 |
| Intangible Assets | 0.88 | 0.89 | 9.94 | 0.00 | 0.00 |
| Other Assets | 146.20 | 117.58 | 69.81 | 0.00 | 0.29 |
| Total Assets | 175.75 | 156.65 | 142.26 | 285.96 | 282.82 |
| Short Term Debt Incl. Current Port. of LT Debt | 51.56 | 47.62 | 0.60 | 0.30 | 0.00 |
| Accounts Payable | 1.90 | 3.00 | 2.53 | 0.00 | 0.00 |
| Other Current Liabilities | 5.62 | 5.38 | 9.63 | 4.19 | 0.08 |
| Total Current Liabilities | 59.08 | 56.00 | 12.76 | 4.49 | 0.08 |
| Long Term Debt | 17.80 | 0.80 | 1.19 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 0.30 | 0.53 | - | - | - |
| Other Liabilities | 25.73 | 0.00 | 0.00 | 4.83 | 9.66 |
| Total Liabilities | 102.92 | 57.33 | 13.95 | 9.32 | 9.74 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 73.83 | 89.54 | 44.65 | 276.64 | 273.08 |
| Total Shareholders Equity | 73.83 | 89.54 | 44.65 | 276.64 | 273.08 |
| Accumulated Minority Interest | -1.00 | 9.79 | 83.66 | 0.00 | 0.00 |
| Total Equity | 72.83 | 99.33 | 128.31 | 276.64 | 273.08 |
| Total Liabilities & Stockholders Equity | 175.75 | 156.65 | 142.26 | 285.96 | 282.82 |
| Book Value Per Share | 0.88 | 1.13 | 0.57 | 7.72 | 7.62 |
| Tangible Book Value Per Share | 0.87 | 1.12 | 0.44 | 7.72 | 7.62 |
| Full-Time Employees | 93 | 153 | 189 | - | - |
| Price to Book Ratio | 4.54 | 15.34 | 1.17 | 1.36 | 1.30 |
| Return on Assets | -8.20 | -30.98 | -169.95 | -0.45 | - |
| Return on Equity | -16.68 | -69.01 | -226.51 | -0.46 | - |
| Return on Invested Capital | -14.87 | -51.26 | -793.89 | -0.46 | -0.17 |
| Quick Ratio | 0.38 | 0.56 | 4.29 | 0.07 | 12.83 |
| Current Ratio | 0.38 | 0.57 | 4.30 | 0.07 | 12.83 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Net Income | - | -14.11 | -47.14 | -364.70 | -1.27 | -0.48 |
| Depreciation | - | 1.49 | 1.57 | 1.04 | - | - |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Funds (Non Cash) | - | -2.38 | 30.74 | 346.90 | -4.13 | -0.00 |
| Funds from Operations | - | -15.00 | -14.82 | -16.76 | -5.40 | -0.48 |
| Extraordinary Item | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | - | -1.90 | -0.52 | -9.66 | 4.64 | -0.74 |
| Cash from Operating Activities | - | -16.90 | -15.35 | -26.42 | -0.76 | -1.22 |
| Capital Expenditures | - | -21.99 | -51.00 | -52.44 | 0.00 | 0.00 |
| Net Assets From Acquisitions | - | 0.00 | -4.00 | -8.07 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | -281.52 |
| Purchase of Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | -281.52 |
| Sale Or Maturity of Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | - | -21.99 | -55.00 | -60.51 | 0.00 | -281.52 |
| Cash Dividends Paid | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | - | 11.20 | 0.00 | -4.70 | 0.00 | 283.22 |
| Repurchase of Common Pref Stock | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | - | 11.20 | 0.00 | -4.70 | 0.00 | 283.22 |
| Proceedsfrom Stock Options | - | -2.75 | 0.00 | -5.68 | 0.00 | 283.22 |
| Issuance or Reduction of Debt, Net | - | 19.74 | 49.25 | 0.00 | 0.30 | 0.00 |
| Change in Long Term Debt | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | - | -0.42 | 1.50 | 120.78 | 0.00 | 0.00 |
| Other Financing Activities Uses | - | -0.42 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | - | 29.65 | 50.22 | 115.74 | 0.30 | 283.22 |
| Exchange Rate Effect | - | 0.10 | 0.02 | 0.04 | - | - |
| Net Change in Cash | - | -9.14 | -20.11 | 28.86 | -0.46 | 0.47 |
| Free Cash Flow | - | -16.94 | -16.24 | -27.12 | -0.76 | -1.22 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q1 | |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 22.17 | - | 79.60 | 49.39 | 73.26 | 0.00 |
| Short Term Receivables | 1.10 | - | - | 2.72 | 6.37 | 0.00 |
| Inventories | 0.22 | - | - | 0.10 | 0.10 | 0.00 |
| Other Current Assets | 0.47 | - | - | 2.61 | 2.27 | 0.16 |
| Total Current Assets | 23.96 | - | - | 54.82 | 82.01 | 0.16 |
| Net Property, Plant & Equipment | 5.41 | - | - | 7.69 | 6.93 | 0.00 |
| Total Investments and Advances | 0.00 | - | - | 0.00 | 0.00 | 291.02 |
| Intangible Assets | 0.13 | - | - | 9.94 | 9.85 | 0.00 |
| Other Assets | 174.70 | - | - | 69.81 | 48.56 | 0.00 |
| Total Assets | 204.20 | - | - | 142.26 | 147.35 | 291.17 |
| Short Term Debt Incl. Current Port. of LT Debt | 37.05 | - | - | 0.60 | 0.46 | 3.36 |
| Accounts Payable | 2.54 | - | - | 2.53 | 0.89 | 0.00 |
| Other Current Liabilities | 18.89 | - | - | 9.63 | 9.07 | 5.04 |
| Total Current Liabilities | 58.49 | - | - | 12.76 | 10.42 | 8.40 |
| Long Term Debt | 37.05 | - | - | 1.19 | 1.11 | 0.00 |
| Provision for Risks Charges | 0.00 | - | - | 0.00 | 0.30 | 0.00 |
| Deferred Tax Liabilities | 0.06 | - | - | - | - | - |
| Other Liabilities | 20.25 | - | 0.00 | 0.00 | 3.81 | 0.00 |
| Total Liabilities | 115.84 | - | - | 13.95 | 15.64 | 8.40 |
| Non-Equity Reserves | 0.00 | - | - | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 89.49 | - | - | 44.65 | 48.23 | 282.77 |
| Total Shareholders Equity | 89.49 | - | - | 44.65 | 48.23 | 282.77 |
| Accumulated Minority Interest | -1.13 | - | - | 83.66 | 83.48 | 0.00 |
| Total Equity | 88.36 | - | - | 128.31 | 131.71 | 282.77 |
| Total Liabilities & Stockholders Equity | 204.20 | - | - | 142.26 | 147.35 | 291.17 |
| Book Value Per Share | 0.99 | - | - | 0.57 | 0.60 | 7.89 |
| Tangible Book Value Per Share | 0.99 | - | - | 0.44 | 0.48 | 7.89 |
| Full-Time Employees | 100 | - | - | 189 | - | - |
| Price to Book Ratio | 4.54 | - | 13.45 | 1.17 | 1.59 | 1.37 |
| Return on Assets | - | - | - | - | - | 0.14 |
| Return on Equity | - | - | - | - | - | 0.15 |
| Return on Invested Capital | -5.27 | - | - | -10.30 | -706.83 | 0.46 |
| Quick Ratio | 0.41 | - | - | 4.29 | 7.86 | 0.02 |
| Current Ratio | 0.41 | - | - | 4.30 | 7.87 | 0.02 |
Cash flow, quarterly
| Metric | 2026Q3 | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q1 | |
|---|---|---|---|---|---|---|
| Net Income | - | - | - | -4.28 | - | 1.30 |
| Depreciation | - | - | - | 0.07 | - | - |
| Other Funds (Non Cash) | - | - | - | 4.20 | - | -2.60 |
| Funds from Operations | - | - | - | -0.00 | - | -1.30 |
| Extraordinary Item | - | - | - | 0.00 | - | 0.00 |
| Changes in Working Capital | - | - | - | -3.13 | - | 0.99 |
| Cash from Operating Activities | - | - | -4.15 | -3.14 | - | -0.32 |
| Capital Expenditures | - | - | - | -21.53 | - | 0.00 |
| Net Assets From Acquisitions | - | - | - | 0.01 | - | 0.00 |
| Sale of Fixed Assets and Businesses | - | - | - | 0.00 | - | 0.00 |
| Purchase or Sale of Investments | - | - | - | 0.00 | - | -2.76 |
| Purchase of Investments | - | - | - | 0.00 | - | -2.76 |
| Sale Or Maturity of Investments | - | - | - | 0.00 | - | 0.00 |
| Other Uses | - | - | - | 0.00 | - | 0.00 |
| Other Sources | - | - | - | 0.00 | - | 0.00 |
| Cash from Investing Activities | - | - | -11.29 | -21.51 | - | -2.76 |
| Cash Dividends Paid | - | - | - | 0.00 | - | 0.00 |
| Preferred Dividends (Cash Flow) | - | - | - | 0.00 | - | 0.00 |
| Change in Capital Stock | - | - | - | 0.88 | - | 0.30 |
| Repurchase of Common Pref Stock | - | - | - | 0.00 | - | 0.00 |
| Sale of Common Pref Stock | - | - | - | 0.88 | - | 0.30 |
| Proceedsfrom Stock Options | - | - | - | 0.00 | - | 0.30 |
| Issuance or Reduction of Debt, Net | - | - | - | 0.00 | - | 2.76 |
| Change in Long Term Debt | - | - | - | 0.00 | - | 0.00 |
| Issuance of Long Term Debt | - | - | - | 0.00 | - | 0.00 |
| Reduction of Long Term Debt | - | - | - | 0.00 | - | 0.00 |
| Net Financing Active Other Cash Flow | - | - | - | 0.00 | - | 0.00 |
| Other Financing Activities Uses | - | - | - | 0.00 | - | 0.00 |
| Cash from Financing Activities | - | - | 45.64 | 0.72 | - | 3.06 |
| Exchange Rate Effect | - | - | - | 0.07 | - | - |
| Net Change in Cash | - | - | 30.21 | -23.87 | - | -0.02 |
| Free Cash Flow | - | - | - | -3.84 | - | -0.32 |
Revenue breakdown
| Australia | 2024: 140.52K 2025: 1.06M |
|---|---|
| Total Metal Mining revenue | 2024: 140.52K 2025: 1.06M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 11.43% | 4.8M | 41.6M | 447.41K |
| 2026-10-15 | 10.45% | 4.3M | 41.6M | 417.47K |
| 2026-09-30 | 8.34% | 3.5M | 41.6M | 395.75K |
| 2026-09-15 | 8.17% | 3.4M | 41.6M | 475.78K |
| 2026-08-31 | 8.15% | 3.4M | 41.7M | 539.92K |
| 2026-08-14 | 9.18% | 3.8M | 41.7M | 567.86K |
| 2026-07-31 | 9.39% | 3.9M | 41.7M | 606.29K |
| 2026-07-15 | 8.83% | 3.7M | 41.7M | 801.05K |
| 2026-06-30 | 10.50% | 4.4M | 41.7M | 770.30K |
| 2026-06-15 | 8.81% | 3.7M | 41.7M | 694.11K |
| 2026-05-29 | 8.77% | 3.7M | 41.7M | 619.27K |
| 2026-05-15 | 7.51% | 3.1M | 41.7M | 566.97K |
| 2026-04-30 | 8.65% | 3.3M | 38.2M | 498.67K |
| 2026-04-15 | 7.79% | 2.8M | 35.6M | 291.97K |
| 2026-03-31 | 8.82% | 2.8M | 32.2M | 281.58K |
| 2026-03-13 | 8.19% | 2.6M | 32.2M | 264.07K |
| 2026-02-27 | 7.79% | 2.5M | 32.2M | 252.76K |
| 2026-02-13 | 8.48% | 2.7M | 32.2M | 245.75K |
| 2026-01-30 | 8.69% | 2.8M | 32.2M | 249.00K |
| 2026-01-15 | 9.77% | 3.1M | 32.2M | 220.92K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 1.50 | 2.30 | 1.93 | 5.001 | 130 | 0.00 | 0.861 | -0.054 | 0.002 |
| call | 5.00 | 0.00 | 0.20 | 0.15 | 1.401 | 12,559 | 0.00 | 0.344 | -0.020 | 0.003 |
| call | 7.50 | 0.00 | 0.05 | 0.37 | 2.005 | 134 | 0.00 | 0.084 | -0.012 | 0.001 |
| call | 10.00 | 0.00 | 0.50 | 0.08 | 2.969 | 402 | 0.00 | 0.065 | -0.015 | 0.001 |
| put | 2.50 | 0.00 | 0.50 | 0.00 | 6.148 | 0.00 | 0.00 | -0.139 | -0.053 | 0.002 |
| put | 5.00 | 0.55 | 1.00 | 0.85 | 2.422 | 302 | 0.00 | -0.656 | -0.020 | 0.003 |
| put | 7.50 | 2.70 | 3.50 | 2.73 | 4.316 | 1.00 | 0.00 | -0.917 | -0.012 | 0.001 |
| put | 10.00 | 5.20 | 6.00 | 4.85 | 5.398 | 0.00 | 0.00 | -0.935 | -0.014 | 0.001 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-29 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-30 | SEC |
| 2026-10-07 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-07 | SEC |
| 2026-09-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-07 | SEC |
| 2026-09-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-07 | SEC |
| 2026-09-11 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-07 | SEC |
| 2026-09-10 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-07 | SEC |
| 2026-08-06 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-08-06 | 424B3 | SEC | ||
| 2026-07-29 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-07-29 | F-3 | Registration statement for specified transactions by certain foreign private issuers | SEC | |
| 2026-07-28 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-28 | SEC |
| 2026-07-09 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-09 | SEC |
| 2026-06-29 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-29 | SEC |
| 2026-05-15 | SCHEDULE 13G/A | SEC | ||
| 2026-05-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-07 | SEC |
| 2026-05-12 | 3 | Initial statement of beneficial ownership of securities | 2026-05-12 | SEC |
| 2026-05-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-07 | SEC |
| 2026-05-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-07 | SEC |
| 2026-05-11 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-07 | SEC |
| 2026-05-11 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-07 | SEC |
| 2026-05-11 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-07 | SEC |
| 2026-05-05 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-05 | SEC |
| 2026-04-30 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-31 | SEC |
| 2026-04-23 | 424B5 | SEC | ||
| 2026-04-23 | 424B5 | SEC | ||
| 2026-04-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-22 | SEC |
| 2026-04-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-21 | SEC |
| 2026-04-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-07 | SEC |
| 2026-04-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-07 | SEC |
| 2026-04-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-07 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| Cinctive Capital Management LP | 9.32% |
| Grantham, Mayo, Van Otterloo & Co. LLC | 2.84% |
| BlackRock, Inc. | 2.74% |
| Invesco Ltd. | 1.92% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.83% |
| MARSHALL WACE, LLP | 0.87% |
| STATE STREET CORP | 0.63% |
| Russell Investments Group, Ltd. | 0.62% |
| SPROTT INC. | 0.61% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.58% |
Funds
| Fund | % owned |
|---|---|
| Invesco WilderHill Clean Energy ETF | 1.97% |
| GMO Resources Fund | 1.36% |
| iShares Russell 2000 ETF | 1.11% |
| GMO Climate Change Fund | 0.51% |
| Fidelity Small Cap Index Fund | 0.47% |
| Sprott Nickel Miners ETF | 0.44% |
| iShares Russell 2000 Growth ETF | 0.41% |
| Tax-Managed Real Assets Fund | 0.32% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.25% |
| iShares Micro-Cap ETF | 0.15% |
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