Critical Metals (CRML) to Release Earnings on Wednesday

Key Points

• Critical Metals will report quarterly results before the market opens on Feb. 25, with analysts forecasting earnings of ($0.06) per share; the stock recently opened at $9.06 and was down about 3.6%.
• Weiss Ratings reissued a "sell (e+)" rating and MarketBeat shows an average analyst rating of Sell for CRML.
• Institutional investors own roughly 86.44% of the company, with recent position changes by Invesco, XTX Topco, SummitTX and others, and Critical Metals focuses on lithium projects including Wolfsberg and Tanbreez.

Critical Metals (NASDAQ:CRML - Get Free Report) is expected to be releasing its results before the market opens on Wednesday, February 25th. Analysts expect Critical Metals to post earnings of ($0.06) per share for the quarter.

Critical Metals Stock Down 3.6%

CRML opened at $9.06 on Friday. The company's 50 day simple moving average is $11.81 and its two-hundred day simple moving average is $10.11. Critical Metals has a 1-year low of $1.23 and a 1-year high of $32.15. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.13 and a quick ratio of 0.13.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Critical Metals in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of "Sell".

Institutional Trading of Critical Metals

Several institutional investors have recently made changes to their positions in CRML. Sunbelt Securities Inc. purchased a new position in Critical Metals in the fourth quarter worth approximately $28,000. Invesco Ltd. purchased a new stake in Critical Metals in the fourth quarter valued at $129,000. XTX Topco Ltd lifted its stake in shares of Critical Metals by 19.5% in the 4th quarter. XTX Topco Ltd now owns 102,022 shares of the company's stock valued at $708,000 after purchasing an additional 16,642 shares during the last quarter. SummitTX Capital L.P. lifted its stake in shares of Critical Metals by 193.1% in the 4th quarter. SummitTX Capital L.P. now owns 38,957 shares of the company's stock valued at $270,000 after purchasing an additional 25,665 shares during the last quarter. Finally, Saba Capital Management L.P. purchased a new position in shares of Critical Metals during the 4th quarter worth $69,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

About Critical Metals

Critical Metals Corp. engages in the mining, exploration, and development of lithium metals. It owns Wolfsberg Project and Tanbreez Project. The company was founded on October 24, 2022 and is headquartered in British Virgin Islands.

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