Critical Metals (NASDAQ:CRML) Upgraded by Freedom Capital to “Strong-Buy” Rating

Freedom Capital upgraded shares of Critical Metals (NASDAQ:CRML) to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Critical Metals in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Critical Metals presently has an average rating of “Moderate Buy”.

Critical Metals Stock Performance

NASDAQ CRML traded down $0.21 on Tuesday, hitting $9.11. The company’s stock had a trading volume of 2,842,076 shares, compared to its average volume of 18,579,352. Critical Metals has a 52-week low of $1.23 and a 52-week high of $32.15. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.16. The company’s 50-day simple moving average is $12.48 and its 200 day simple moving average is $10.53.

Institutional Trading of Critical Metals

Several large investors have recently bought and sold shares of the company. National Bank of Canada FI bought a new position in shares of Critical Metals in the 3rd quarter worth approximately $25,000. Sunbelt Securities Inc. bought a new stake in shares of Critical Metals during the fourth quarter valued at approximately $28,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in Critical Metals in the second quarter worth $33,000. Royal Bank of Canada raised its holdings in Critical Metals by 899.0% in the fourth quarter. Royal Bank of Canada now owns 4,945 shares of the company’s stock worth $35,000 after purchasing an additional 4,450 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in Critical Metals in the second quarter worth $37,000. 86.44% of the stock is owned by institutional investors.

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.