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Critical Metals (NASDAQ:CRML) Shares Down 7.7% - What's Next?

Critical Metals logo with Basic Materials background

Key Points

  • Critical Metals Corp. shares fell by 7.7%, trading at $5.39, with a significant decline in trading volume of 84% from the average session.
  • Institutional investors now hold 86.44% of the company's stock, with notable increases in stakes by firms like Barclays PLC and Geode Capital Management LLC.
  • The company focuses on the mining, exploration, and development of lithium metals, owning projects such as Wolfsberg and Tanbreez.
  • Interested in Critical Metals? Here are five stocks we like better.

Shares of Critical Metals Corp. (NASDAQ:CRML - Get Free Report) were down 7.7% during trading on Monday . The company traded as low as $5.61 and last traded at $5.39. Approximately 474,140 shares were traded during trading, a decline of 84% from the average daily volume of 2,966,854 shares. The stock had previously closed at $5.84.

Critical Metals Stock Up 11.6%

The company's 50 day moving average price is $3.83 and its 200-day moving average price is $2.76.

Institutional Trading of Critical Metals

Institutional investors have recently made changes to their positions in the company. Next Capital Management LLC bought a new stake in shares of Critical Metals in the 1st quarter worth $28,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Critical Metals in the 2nd quarter worth $33,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Critical Metals in the 2nd quarter worth $37,000. Pallas Capital Advisors LLC bought a new stake in shares of Critical Metals in the 2nd quarter worth $45,000. Finally, Tower Research Capital LLC TRC grew its position in Critical Metals by 121.8% during the second quarter. Tower Research Capital LLC TRC now owns 13,258 shares of the company's stock valued at $47,000 after buying an additional 7,280 shares during the period. Institutional investors own 86.44% of the company's stock.

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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