Pallas Capital Advisors LLC Makes New Investment in Critical Metals Corp. $CRML

Pallas Capital Advisors LLC bought a new position in shares of Critical Metals Corp. (NASDAQ:CRML) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 12,481 shares of the company’s stock, valued at approximately $45,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CRML. Next Capital Management LLC bought a new position in shares of Critical Metals during the 1st quarter worth about $28,000. Alps Advisors Inc. increased its holdings in shares of Critical Metals by 139.8% during the 1st quarter. Alps Advisors Inc. now owns 36,799 shares of the company’s stock worth $51,000 after purchasing an additional 21,451 shares during the period. Cambridge Investment Research Advisors Inc. bought a new position in shares of Critical Metals during the 1st quarter worth about $58,000. Rhumbline Advisers increased its holdings in shares of Critical Metals by 582.5% during the 1st quarter. Rhumbline Advisers now owns 43,047 shares of the company’s stock worth $60,000 after purchasing an additional 36,740 shares during the period. Finally, AQR Capital Management LLC bought a new position in shares of Critical Metals during the 1st quarter worth about $69,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Critical Metals Stock Performance

NASDAQ:CRML opened at $6.70 on Wednesday. The firm’s 50-day moving average is $5.38 and its 200-day moving average is $3.16. Critical Metals Corp. has a 52-week low of $1.23 and a 52-week high of $9.89.

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.