PEAK6 LLC Takes $249,000 Position in Critical Metals Corp. $CRML

Key Points

• PEAK6 LLC has acquired a new position in Critical Metals Corp. (NASDAQ:CRML), purchasing 179,422 shares valued at approximately $249,000 during the first quarter.
• Hedge funds and institutional investors now own around 86.44% of Critical Metals, with several firms increasing their stakes significantly in recent months.
• As of now, Critical Metals' stock is trading at $6.20 after experiencing a 4.0% decline, with its 52-week range between $1.23 and $9.89.

PEAK6 LLC bought a new position in shares of Critical Metals Corp. (NASDAQ:CRML - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 179,422 shares of the company's stock, valued at approximately $249,000. PEAK6 LLC owned about 0.18% of Critical Metals as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of CRML. JPMorgan Chase & Co. boosted its position in shares of Critical Metals by 147.4% during the fourth quarter. JPMorgan Chase & Co. now owns 29,797 shares of the company's stock worth $202,000 after acquiring an additional 17,753 shares during the last quarter. Barclays PLC lifted its position in Critical Metals by 22.9% during the fourth quarter. Barclays PLC now owns 12,876 shares of the company's stock valued at $88,000 after purchasing an additional 2,403 shares during the last quarter. Northern Trust Corp lifted its position in Critical Metals by 13.2% during the fourth 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 during the last quarter. Rhumbline Advisers lifted its position in Critical Metals by 582.5% during the first quarter. Rhumbline Advisers now owns 43,047 shares of the company's stock valued at $60,000 after purchasing an additional 36,740 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in Critical Metals during the first quarter valued at $58,000. Institutional investors own 86.44% of the company's stock.

Critical Metals Price Performance

CRML stock traded up $0.08 during trading on Friday, hitting $5.81. 3,030,195 shares of the company's stock traded hands, compared to its average volume of 6,050,663. Critical Metals Corp. has a 52 week low of $1.23 and a 52 week high of $9.89. The business has a fifty day simple moving average of $4.62 and a 200 day simple moving average of $2.81.

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.