Critical Metals (NASDAQ:CRML) Stock Rating Upgraded by Freedom Capital

Critical Metals (NASDAQ:CRML) was upgraded by research analysts at Freedom Capital to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Critical Metals in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Critical Metals Price Performance

Shares of CRML stock traded down $0.20 during trading on Tuesday, hitting $9.12. The company had a trading volume of 2,977,291 shares, compared to its average volume of 18,579,352. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.16. The stock’s 50-day moving average is $12.48 and its two-hundred day moving average is $10.53. Critical Metals has a 52 week low of $1.23 and a 52 week high of $32.15.

Institutional Trading of Critical Metals

A number of hedge funds have recently bought and sold shares of CRML. Virtu Financial LLC purchased a new stake in Critical Metals in the fourth quarter worth approximately $369,000. Sunbelt Securities Inc. purchased a new position in shares of Critical Metals during the fourth quarter worth approximately $28,000. Invesco Ltd. bought a new stake in shares of Critical Metals in the 4th quarter worth approximately $129,000. XTX Topco Ltd boosted its stake in shares of Critical Metals by 19.5% in the 4th quarter. XTX Topco Ltd now owns 102,022 shares of the company’s stock valued at $708,000 after purchasing an additional 16,642 shares in the last quarter. Finally, SummitTX Capital L.P. boosted its stake in shares of Critical Metals by 193.1% in the 4th quarter. SummitTX Capital L.P. now owns 38,957 shares of the company’s stock valued at $270,000 after purchasing an additional 25,665 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

About Critical Metals

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.