LZM vs NEXM vs SBSW Stock Comparison

Lifezone Metals, NexMetals Mining and Sibanye Stillwater Prices as of Oct 23, 2026 Peers: Industry group
LZM Lifezone Metals Ltd
$3.47 -12.2% 1M -35.4% 1Y
Market cap
$271.13M
P/E
–
Revenue (TTM)
—
Div. yield
–
Copper Basic Materials
SBSW Sibanye Stillwater Ltd
$9.20 -12.6% 1M -17.5% 1Y
Market cap
$6.58B
P/E
–
Revenue (TTM)
—
Div. yield
–
Platinum and Palladium Basic Materials
4 wins

Head to Head

4 decided of 12

Sibanye Stillwater leads on 4 of the 12 questions below (Sibanye Stillwater 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLZMNEXMSBSWLeader
Larger companyMarket capitalisation $271.13M $49.37M $6.58B SBSW
Cheaper on earningsLower P/E, profitable companies only — -1.3x — –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 4.1x –
Faster revenue growthRevenue growth, trailing twelve months — +280.5% — –
More profitableNet margin, trailing twelve months — -11,801.7% — –
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -35.4% -72.7% -17.5% SBSW
Better 5-year returnAnnualised price return, 5 years — -46.1%/yr -8.7%/yr SBSW
Less volatileAnnualised volatility, 1 year 79.5% 70.5% 65.3% SBSW
Higher overall scoreMean of the five percentile scores vs peers — 38/100 — –

Percentile Scorecard

LZMNEXMSBSW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLZMNEXMSBSW
Valuation – 8 #149 of 162 –
Growth – 58 #62 of 147 –
Profitability – 3 #119 of 122 –
Financial Health 16 #139 of 166 83 #29 of 166 –
Shareholder Returns – – 100 #1 of 107
Overall – 38 –
  • LZM ranked among 176 companies in Metals and Mining
  • NEXM ranked among 176 companies in Metals and Mining
  • SBSW ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLZMNEXMSBSWSPY
1 month -12.2%-37.3%-12.6% -1.0%
3 months +9.1%-36.4%+9.8% +2.9%
6 months -31.3%-41.5%-27.7% +6.4%
Year to date -18.7%-64.7%-35.4% +11.4%
1 year -35.4%-72.7%-17.5% +13.1%
3 years -62.3%-94.0%+77.9% +79.4%
3 years, per year -27.8%-60.9%+21.2% +21.5%
5 years —-95.4%-36.4% +67.7%
5 years, per year —-46.1%-8.7% +10.9%
10 years —-97.7%-21.0% +255.2%
10 years, per year —-31.4%-2.3% +13.5%

Risk

MeasureLZMNEXMSBSWSPY
Volatility, 1Y 79.5%70.5%65.3% 12.7%
Downside volatility, 1Y 79.5%73.8%66.8% 12.7%
Beta vs S&P 500, 1Y 2.641.392.58 1.00
Return / volatility, 1Y -0.45-1.03-0.27 1.03
Max drawdown, 5Y -82.1%-97.2%-84.4% -25.4%
From 52-week high -41.8%-72.7%-56.4% -2.5%
52-week high $5.96$5.05$21.12 $779.14
52-week low $3.01$1.38$8.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLZMNEXMSBSW
P/E now vs peer median —median 12.7x -1.3xmedian 12.7x —median 12.7x
P/S now vs peer median —median 3.1x 156.5xmedian 3.1x —median 3.1x
EV/EBITDA now vs peer median —median 6.9x —median 6.9x —median 6.9x
P/FCF now vs peer median —median 15.1x -0.8xmedian 15.1x —median 15.1x
P/B now vs peer median 3.1xmedian 2.1x 1.1xmedian 2.1x —median 2.1x
PEG now vs peer median —median 0.27 -0.06median 0.27 —median 0.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLZMNEXMSBSW
Revenue – $314.41K –
Net income – -$37.11M –
Free cash flow – -$60.22M –
R&D – $26.75M –
EPS (diluted) – $-1.04 –
Cash & equivalents $37.30M $11.93M –
Total debt – $3.73M $2.24B
Shares (diluted) 118.96M 35.65M 707.64M
Enterprise value $171.89M -$20.58M $6.58B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLZMNEXMSBSW
P/E – -1.3x –
P/FCF – -0.8x –
P/Operating cash flow – -1.4x –
P/S – 156.5x –
P/B 3.1x 1.1x –
P/Tangible book 3.1x 1.1x –
EV/EBITDA – – –
EV/EBIT – – –
EV/Revenue – 121.2x –
EV/FCF – -0.6x –
EV/Operating cash flow – -1.1x –
PEG (3Y EPS CAGR) – -0.06 –

Growth

14 metrics
MetricLZMNEXMSBSW
Revenue growth (1Y) – 280.5% –
Revenue CAGR (3Y) – 48.4% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) – 3.3% –
Net income CAGR (3Y) – 8.0% –
EPS growth (1Y) – 41.8% –
EPS CAGR (3Y) – 22.0% –
Operating cash flow growth (1Y) – -11.0% –
Operating cash flow CAGR (3Y) – -5.8% –
Free cash flow growth (1Y) – -90.2% –
Free cash flow CAGR (3Y) – -35.7% –

Profitability

14 metrics
MetricLZMNEXMSBSW
Gross margin – – –
EBITDA margin – – –
Operating margin – – –
Pretax margin – – –
Net margin – -11,802% –
FCF margin – -19,155% –
Operating cash flow margin – -10,819% –
Return on equity – – –
Return on assets – – –
Return on invested capital – – –
Return on capital employed – – –
Asset turnover – 0.0x –
Cash conversion (OCF / net income) – 0.9x –
Stock comp / revenue – 669.6% –

Financial Health

11 metrics
MetricLZMNEXMSBSW
Debt / assets – 1.7% –
Debt / equity – 0.0x –
Net debt / EBITDA – – –
Debt / FCF – 0.0x –
Liabilities / assets 54.7% 12.7% –
Equity / assets 45.3% 87.3% –
Interest coverage – – –
Current ratio 0.7x 5.2x –
Quick ratio 0.7x 4.7x –
Cash ratio 0.6x 4.7x –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricLZMNEXMSBSW
Dividend yield – – 8.7%
Net buyback yield – – –
Shareholder yield – – 8.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLZMNEXMSBSW
Forward P/E – – 4.1xFY2026
EPS, next fiscal year $-0.31FY2026 – $2.24FY2026
EPS growth, the year after – – -8.5%
Revenue, next fiscal year $1.57MFY2026 – $10.53BFY2026
Revenue growth, next FY +45.8%FY2026 – +30.4%FY2026
Revenue growth, the year after -11.3% – +7.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLZMNEXMSBSW
Held by institutions 29.5% 17.5% 18.3%
Institutions holding 90 15 255
Change in shares held, QoQ +9.5% -7.1% -6.9%
Institutions buying 63 7 127
Institutions selling 17 4 89
Buyers to sellers 3.71 1.75 1.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LZMNEXMSBSW
LZM 1.00 0.30 0.46
NEXM 0.30 1.00 0.42
SBSW 0.46 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LZM, NEXM and SBSW?

Sibanye Stillwater (SBSW) is the largest by market capitalisation: Lifezone Metals (LZM) $271.13M, NexMetals Mining (NEXM) $49.37M, Sibanye Stillwater (SBSW) $6.58B.

Which stock has performed better?

Over the past year Sibanye Stillwater (SBSW) returned the most: Lifezone Metals (LZM) -35.4%, NexMetals Mining (NEXM) -72.7%, Sibanye Stillwater (SBSW) -17.5%. Over five years, Sibanye Stillwater (SBSW) compounded fastest (NexMetals Mining (NEXM) -46.1%/yr, Sibanye Stillwater (SBSW) -8.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sibanye Stillwater (SBSW) has been the steadiest (Lifezone Metals (LZM) 79.5%, NexMetals Mining (NEXM) 70.5%, Sibanye Stillwater (SBSW) 65.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LZM, NEXM and SBSW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sibanye Stillwater (SBSW) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.