Abacus Wealth Partners LLC Makes New $179,000 Investment in Critical Metals Corp. $CRML

Key Points

• Abacus Wealth Partners LLC has invested approximately $179,000 in Critical Metals Corp. by acquiring 50,000 shares, marking a new position for the firm.
• Other institutional investors have significantly increased their investments in Critical Metals, with 86.44% of the stock now owned by institutional investors.
• Critical Metals stock recently opened at $7.18, reflecting a notable increase as it has a one-year low of $1.23 and a high of $9.89.

Abacus Wealth Partners LLC acquired a new stake in shares of Critical Metals Corp. (NASDAQ:CRML - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,000 shares of the company's stock, valued at approximately $179,000. Abacus Wealth Partners LLC owned 0.05% of Critical Metals at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CRML. Next Capital Management LLC acquired a new position in shares of Critical Metals during the first quarter valued at about $28,000. Pallas Capital Advisors LLC acquired a new position in shares of Critical Metals during the second quarter valued at about $45,000. Alps Advisors Inc. raised its holdings in shares of Critical Metals by 139.8% during the first quarter. Alps Advisors Inc. now owns 36,799 shares of the company's stock valued at $51,000 after purchasing an additional 21,451 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Critical Metals during the second quarter valued at about $57,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Critical Metals during the first quarter valued at about $58,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Critical Metals Trading Down 0.5%

Shares of CRML traded down $0.04 on Tuesday, reaching $6.87. The company's stock had a trading volume of 3,858,245 shares, compared to its average volume of 3,244,002. Critical Metals Corp. has a twelve month low of $1.23 and a twelve month high of $9.89. The firm has a fifty day moving average of $5.32 and a 200-day moving average of $3.13.

Critical Metals 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.