Wealth Enhancement Advisory Services LLC Makes New $57,000 Investment in Critical Metals Corp. $CRML

Wealth Enhancement Advisory Services LLC purchased a new position in Critical Metals Corp. (NASDAQ:CRML) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,520 shares of the company’s stock, valued at approximately $57,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CRML. Next Capital Management LLC purchased a new stake in shares of Critical Metals in the 1st quarter worth approximately $28,000. Pallas Capital Advisors LLC purchased a new stake in shares of Critical Metals in the 2nd quarter worth approximately $45,000. Alps Advisors Inc. grew its stake in shares of Critical Metals by 139.8% in the 1st quarter. Alps Advisors Inc. now owns 36,799 shares of the company’s stock worth $51,000 after buying an additional 21,451 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Critical Metals in the 1st quarter worth approximately $58,000. Finally, Rhumbline Advisers grew its stake in shares of Critical Metals by 582.5% in the 1st quarter. Rhumbline Advisers now owns 43,047 shares of the company’s stock worth $60,000 after buying an additional 36,740 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Critical Metals Price Performance

Shares of CRML opened at $14.98 on Monday. The business’s fifty day simple moving average is $6.71 and its two-hundred day simple moving average is $3.84. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.16. Critical Metals Corp. has a 12 month low of $1.23 and a 12 month high of $19.25.

Analyst Ratings Changes

Several analysts recently weighed in on CRML shares. Weiss Ratings restated a “sell (e+)” rating on shares of Critical Metals in a research note on Wednesday, October 8th. Wall Street Zen downgraded Critical Metals from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Critical Metals presently has a consensus rating of “Sell”.

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.