Critical Metals (NASDAQ:CRML) Shares Down 7.7% - Time to Sell?

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.

Critical Metals Corp. (NASDAQ:CRML - ) fell 7.7% during trading on Monday . The company traded as low as $5.61 and last traded at $5.39. 474,140 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 2,966,854 shares. The stock had previously closed at $5.84.

Critical Metals Stock Up 1.6%

The business has a fifty day moving average of $3.48 and a 200 day moving average of $2.75.

Institutional Investors Weigh In On Critical Metals

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC increased its holdings in shares of Critical Metals by 22.9% in the fourth quarter. Barclays PLC now owns 12,876 shares of the company's stock worth $88,000 after acquiring an additional 2,403 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Critical Metals by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 107,034 shares of the company's stock worth $727,000 after acquiring an additional 2,696 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Critical Metals by 13.2% in the fourth quarter. Northern Trust Corp now owns 48,641 shares of the company's stock worth $330,000 after acquiring an additional 5,670 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Critical Metals by 121.8% in the second quarter. Tower Research Capital LLC TRC now owns 13,258 shares of the company's stock worth $47,000 after acquiring an additional 7,280 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Critical Metals in the second quarter worth about $33,000. Institutional investors own 86.44% of the company's stock.

Critical Metals Company Profile

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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