LZM vs PLG vs HBM Stock Comparison

Lifezone Metals, Platinum Group Metals and Hudbay Minerals Prices as of Oct 29, 2026 Peers: Industry group
LZM Lifezone Metals Ltd
$3.65 -5.4% 1M -26.9% 1Y
Market cap
$301.99M
P/E
–
Revenue (TTM)
$1.00M
Div. yield
–
Copper Basic Materials
1 win
PLG Platinum Group Metals Ltd
$1.08 -16.3% 1M -52.4% 1Y
Market cap
$109.13M
P/E
–
Revenue (TTM)
$50.98M
Div. yield
–
Platinum and Palladium Basic Materials
HBM Hudbay Minerals Inc.
$23.35 -13.6% 1M +43.9% 1Y
Market cap
$8.53B
P/E
12.5x
Revenue (TTM)
$2.47B
Div. yield
0.00%
Copper Basic Materials
6 wins

Head to Head

7 decided of 12

Hudbay Minerals leads on 6 of the 12 questions below (Hudbay Minerals 6, Lifezone Metals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLZMPLGHBMLeader
Larger companyMarket capitalisation $301.99M $109.13M $8.53B HBM
Cheaper on earningsLower P/E, profitable companies only -10.1x -21.6x 12.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 15.8x –
Faster revenue growthRevenue growth, trailing twelve months +62.4% — +12.1% LZM
More profitableNet margin, trailing twelve months -2,979.5% -9.9% 27.7% HBM
Better return on capitalReturn on invested capital — — 12.6% –
Less leveragedLower net debt / EBITDA — — 0.1x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -26.9% -52.4% +43.9% HBM
Better 5-year returnAnnualised price return, 5 years — -14.0%/yr +27.4%/yr HBM
Less volatileAnnualised volatility, 1 year 79.5% 76.1% 62.6% HBM
Higher overall scoreMean of the five percentile scores vs peers 37/100 45/100 70/100 HBM

Percentile Scorecard

LZMPLGHBM

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

AxisLZMPLGHBM
Valuation 10 #147 of 163 70 #50 of 163 82 #31 of 163
Growth 52 #71 of 148 16 #125 of 148 90 #16 of 148
Profitability 12 #108 of 123 43 #71 of 123 88 #16 of 123
Financial Health 15 #140 of 164 91 #16 of 164 48 #86 of 164
Shareholder Returns 94 #8 of 108 8 #100 of 108 44 #61 of 108
Overall 37 45 70
  • LZM ranked among 176 companies in Metals and Mining
  • PLG ranked among 176 companies in Metals and Mining
  • HBM 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

PeriodLZMPLGHBMSPY
1 month -5.4%-16.3%-13.6% +0.7%
3 months +10.6%-18.2%+2.7% +3.7%
6 months -33.4%-38.6%+1.0% +7.1%
Year to date -14.5%-54.2%+17.6% +12.8%
1 year -26.9%-52.4%+43.9% +11.9%
3 years -61.0%-0.9%+439.3% +85.2%
3 years, per year -26.9%-0.3%+75.4% +22.8%
5 years —-53.0%+235.5% +67.6%
5 years, per year —-14.0%+27.4% +10.9%
10 years —-93.9%+469.5% +262.0%
10 years, per year —-24.4%+19.0% +13.7%

Risk

MeasureLZMPLGHBMSPY
Volatility, 1Y 79.5%76.1%62.6% 12.7%
Downside volatility, 1Y 79.8%81.6%67.2% 12.6%
Beta vs S&P 500, 1Y 2.693.282.76 1.00
Return / volatility, 1Y -0.34-0.690.70 0.94
Max drawdown, 5Y -82.1%-69.5%-63.3% -25.4%
From 52-week high -38.8%-69.0%-26.7% -1.2%
52-week high $5.96$3.48$31.87 $779.14
52-week low $3.01$1.06$14.58 $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.

MultipleLZMPLGHBM
P/E now vs peer median -9.7xmedian 13.2x -22.5xmedian 13.2x 13.5xmedian 13.2x
P/S now vs peer median 310.8xmedian 3.1x 2.4xmedian 3.1x 3.7xmedian 3.1x
EV/EBITDA now vs peer median -14.7xmedian 7.2x —median 7.2x 6.2xmedian 7.2x
P/FCF now vs peer median -4.5xmedian 15.2x —median 15.2x 10.5xmedian 15.2x
P/B now vs peer median 3.5xmedian 2.2x 1.7xmedian 2.2x 1.9xmedian 2.2x
PEG now vs peer median -0.16median 0.30 0.45median 0.30 0.04median 0.30

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 monthsLZMPLGHBM
Revenue $1.00M $50.98M $2.47B
Gross profit $70.01M – $972.40M
Operating income -$21.48M – $1.10B
Net income -$30.18M -$5.06M $680.00M
Free cash flow -$68.77M – $880.20M
R&D – – $58.40M
EPS (diluted) $-0.35 $-0.05 $1.72
Cash & equivalents $22.17M $44.68M $890.90M
Total debt – – $3.67B
Shares (diluted) 85.97M 105.44M 396.65M
Enterprise value $209.87M -$10.43M $5.38B

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
MetricLZMPLGHBM
P/E -9.7x -22.5x 13.5x
P/FCF -4.5x – 10.5x
P/Operating cash flow -19.7x – 10.5x
P/S 310.8x 2.4x 3.7x
P/B 3.5x 1.7x 1.9x
P/Tangible book 3.5x 1.7x 1.9x
EV/EBITDA -14.7x – 6.2x
EV/EBIT -13.5x – 8.5x
EV/Revenue 288.7x 1.5x 3.8x
EV/FCF -4.2x – 10.7x
EV/Operating cash flow -18.3x – 10.7x
PEG (3Y EPS CAGR) -0.16 0.45 0.04

Growth

14 metrics
MetricLZMPLGHBM
Revenue growth (1Y) 62.4% – 12.1%
Revenue CAGR (3Y) -24.6% – 24.6%
Gross profit growth (1Y) -37.0% – 32.8%
Gross profit CAGR (3Y) – – 71.9%
Operating income growth (1Y) -16.0% – 89.3%
Operating income CAGR (3Y) 61.5% – 126.5%
Net income growth (1Y) -6.4% 3.1% 139.9%
Net income CAGR (3Y) 56.9% -53.7% 410.6%
EPS growth (1Y) -4.4% 6.0% 122.6%
EPS CAGR (3Y) 61.3% -50.4% 346.8%
Operating cash flow growth (1Y) 49.0% – 1.5%
Operating cash flow CAGR (3Y) – – –
Free cash flow growth (1Y) -37.7% – 2,912%
Free cash flow CAGR (3Y) – – 115.3%

Profitability

14 metrics
MetricLZMPLGHBM
Gross margin 6,972% – 39.4%
EBITDA margin -1,964% – 61.9%
Operating margin -2,139% – 44.7%
Pretax margin -3,028% – 47.3%
Net margin -2,980% -9.9% 27.7%
FCF margin -6,848% – 35.7%
Operating cash flow margin -1,575% – 35.6%
Return on equity -33.0% -5.2% 16.3%
Return on assets -14.6% -4.4% 43.1%
Return on invested capital – – 12.6%
Return on capital employed -14.5% – –
Asset turnover 0.0x 0.5x 1.6x
Cash conversion (OCF / net income) 0.5x – 1.3x
Stock comp / revenue – 2.8% 3.3%

Financial Health

11 metrics
MetricLZMPLGHBM
Debt / assets – – 78.4%
Debt / equity – – 0.2x
Net debt / EBITDA – – 0.1x
Debt / FCF – – 1.3x
Liabilities / assets 56.7% 27.3% -231.7%
Equity / assets 43.3% 72.7% 331.7%
Interest coverage -2.1x – 14.9x
Current ratio 0.5x 58.5x –
Quick ratio 0.4x 58.3x –
Cash ratio 0.4x 58.0x –
Altman Z-score -2.22 – –

Shareholder Returns

7 metrics
MetricLZMPLGHBM
Dividend yield – – 0.1%
Net buyback yield 3.3% -38.2% -0.3%
Shareholder yield 3.3% -38.2% -0.2%
Payout ratio (earnings) – – 1.3%
Payout ratio (FCF) – – 1.0%
Dividend growth (1Y) – – -260.4%
Dividend CAGR (3Y) – – -59.0%

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.

ConsensusLZMPLGHBM
Forward P/E – – 15.8xFY2026
EPS, next fiscal year $-0.31FY2026 $-0.07FY2026 $1.48FY2026
EPS growth, next FY – – +120.9%FY2026
EPS growth, the year after – – +27.7%
Revenue, next fiscal year $1.57MFY2026 $0.00FY2023 $3.05BFY2026
Revenue growth, next FY +45.8%FY2026 – +37.8%FY2026
Revenue growth, the year after -11.3% – +18.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLZMPLGHBM
Held by institutions 29.5% 15.8% 83.1%
Institutions holding 90 66 319
Change in shares held, QoQ +9.5% -2.0% +10.9%
Institutions buying 63 31 200
Institutions selling 17 21 82
Buyers to sellers 3.71 1.48 2.44

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.

LZMPLGHBM
LZM 1.00 0.46 0.49
PLG 0.46 1.00 0.72
HBM 0.49 0.72 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LZM, PLG and HBM?

Hudbay Minerals (HBM) is the largest by market capitalisation: Lifezone Metals (LZM) $301.99M, Platinum Group Metals (PLG) $109.13M, Hudbay Minerals (HBM) $8.53B.

Which company is growing faster?

Lifezone Metals (LZM) grew revenue fastest over the trailing twelve months: Lifezone Metals (LZM) +62.4%, Hudbay Minerals (HBM) +12.1%.

Which company is more profitable?

Hudbay Minerals (HBM) has the highest net margin (Lifezone Metals (LZM) -2,979.5%, Platinum Group Metals (PLG) -9.9%, Hudbay Minerals (HBM) 27.7%).

Which stock has performed better?

Over the past year Hudbay Minerals (HBM) returned the most: Lifezone Metals (LZM) -26.9%, Platinum Group Metals (PLG) -52.4%, Hudbay Minerals (HBM) +43.9%. Over five years, Hudbay Minerals (HBM) compounded fastest (Platinum Group Metals (PLG) -14.0%/yr, Hudbay Minerals (HBM) +27.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Hudbay Minerals (HBM) has been the steadiest (Lifezone Metals (LZM) 79.5%, Platinum Group Metals (PLG) 76.1%, Hudbay Minerals (HBM) 62.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LZM, PLG and HBM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hudbay Minerals (HBM) leads on 6. 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.