Russell Investments Group Ltd. Acquires 102,126 Shares of Lifezone Metals Limited (NYSE:LZM)

Russell Investments Group Ltd. increased its holdings in shares of Lifezone Metals Limited (NYSE:LZM - Free Report) by 236.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 145,300 shares of the company's stock after purchasing an additional 102,126 shares during the period. Russell Investments Group Ltd. owned approximately 0.19% of Lifezone Metals worth $1,010,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LZM. SG Americas Securities LLC boosted its position in shares of Lifezone Metals by 22.7% in the fourth quarter. SG Americas Securities LLC now owns 14,781 shares of the company's stock valued at $103,000 after acquiring an additional 2,731 shares during the period. Jane Street Group LLC grew its position in Lifezone Metals by 15.5% in the 3rd quarter. Jane Street Group LLC now owns 15,749 shares of the company's stock worth $110,000 after purchasing an additional 2,118 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Lifezone Metals by 27.7% during the 4th quarter. Wells Fargo & Company MN now owns 21,483 shares of the company's stock worth $149,000 after purchasing an additional 4,666 shares during the period. Barclays PLC raised its position in shares of Lifezone Metals by 275.9% during the third quarter. Barclays PLC now owns 48,032 shares of the company's stock valued at $336,000 after buying an additional 35,253 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Lifezone Metals by 120.9% in the third quarter. JPMorgan Chase & Co. now owns 68,016 shares of the company's stock valued at $476,000 after buying an additional 37,232 shares during the period.

Lifezone Metals Trading Down 4.0 %

LZM traded down $0.15 on Friday, hitting $3.56. 43,603 shares of the stock traded hands, compared to its average volume of 126,887. The business has a fifty day moving average price of $4.26 and a two-hundred day moving average price of $5.78. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.01. Lifezone Metals Limited has a 52 week low of $2.90 and a 52 week high of $9.51.

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.