Linden Advisors LP Buys Shares of 625,000 Critical Metals Corp. $CRML

Key Points

• Linden Advisors LP has acquired a new stake in Critical Metals Corp., purchasing 625,000 shares valued at approximately $799,000, representing around 0.63% of the company.
• Other institutional investors have also invested in Critical Metals, with 86.44% of the company's stock being held by hedge funds and institutional investors.
• Critical Metals Corp. specializes in the mining and development of lithium metals, with a current stock price of $6.46 and a significant price range over the past year.

Linden Advisors LP acquired a new stake in shares of Critical Metals Corp. (NASDAQ:CRML - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 625,000 shares of the company's stock, valued at approximately $799,000. Linden Advisors LP owned approximately 0.63% of Critical Metals at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Barclays PLC lifted its holdings in shares of Critical Metals by 22.9% during the 4th quarter. Barclays PLC now owns 12,876 shares of the company's stock valued at $88,000 after purchasing an additional 2,403 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Critical Metals by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 107,034 shares of the company's stock valued at $727,000 after purchasing an additional 2,696 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Critical Metals by 13.2% during the 4th quarter. Northern Trust Corp now owns 48,641 shares of the company's stock valued at $330,000 after purchasing an additional 5,670 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Critical Metals by 147.4% during the 4th quarter. JPMorgan Chase & Co. now owns 29,797 shares of the company's stock valued at $202,000 after purchasing an additional 17,753 shares in the last quarter. Finally, Next Capital Management LLC bought a new position in shares of Critical Metals during the 1st quarter valued at about $28,000. Institutional investors own 86.44% of the company's stock.

Critical Metals Trading Down 0.1%

NASDAQ CRML traded down $0.01 during trading on Wednesday, hitting $5.81. The stock had a trading volume of 2,338,824 shares, compared to its average volume of 3,224,060. The company's 50-day moving average price is $4.46 and its two-hundred day moving average price is $2.76. Critical Metals Corp. has a 12 month low of $1.23 and a 12 month high of $9.89.

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.