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Critical Metals (NASDAQ:CRML) Shares Down 1.9% - Here's Why

Critical Metals logo with Basic Materials background

Critical Metals Corp. (NASDAQ:CRML - Get Free Report)'s share price dropped 1.9% during mid-day trading on Monday . The stock traded as low as $1.46 and last traded at $1.53. Approximately 2,281,110 shares traded hands during mid-day trading, an increase of 318% from the average daily volume of 545,192 shares. The stock had previously closed at $1.56.

Critical Metals Stock Down 5.3%

The firm's fifty day moving average price is $1.65 and its 200-day moving average price is $4.29.

Institutional Trading of Critical Metals

A number of large investors have recently added to or reduced their stakes in CRML. AQR Capital Management LLC bought a new stake in shares of Critical Metals during the 1st quarter worth $69,000. Linden Advisors LP acquired a new position in shares of Critical Metals in the 1st quarter valued at $799,000. PEAK6 LLC acquired a new position in shares of Critical Metals in the 1st quarter valued at $249,000. XTX Topco Ltd acquired a new position in shares of Critical Metals in the 1st quarter valued at $96,000. Finally, Next Capital Management LLC acquired a new position in shares of Critical Metals in the first quarter worth about $28,000. 86.44% of the stock is currently owned by institutional investors.

About Critical Metals

(Get Free Report)

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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