Critical Metals (NASDAQ:CRML) Trading 8.7% Higher - Should You Buy?

Key Points

• Critical Metals Corp. (NASDAQ:CRML) saw its share price increase by 8.7% on Thursday, reaching a last traded price of $6.93.
• Institutional investors own 86.44% of Critical Metals, with notable recent acquisitions including Tower Research Capital LLC, which grew its position by 121.8%.
• The company is engaged in the mining and development of lithium metals, owning key projects such as the Wolfsberg Project and Tanbreez Project.

Critical Metals Corp. (NASDAQ:CRML - )'s share price traded up 8.7% on Thursday . The stock traded as high as $6.95 and last traded at $6.93. 1,292,918 shares were traded during trading, a decline of 60% from the average session volume of 3,212,305 shares. The stock had previously closed at $6.37.

Critical Metals Stock Up 7.3%

The stock's 50 day moving average is $5.08 and its 200 day moving average is $3.02.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CRML. Next Capital Management LLC bought a new position in Critical Metals in the 1st quarter valued at about $28,000. Police & Firemen s Retirement System of New Jersey bought a new position in Critical Metals in the 2nd quarter valued at about $33,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Critical Metals during the 2nd quarter worth approximately $37,000. Pallas Capital Advisors LLC acquired a new position in shares of Critical Metals during the 2nd quarter worth approximately $45,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Critical Metals by 121.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 13,258 shares of the company's stock worth $47,000 after purchasing an additional 7,280 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

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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