Cwm LLC Increases Stock Holdings in Critical Metals Corp. $CRML

Cwm LLC increased its holdings in Critical Metals Corp. (NASDAQ:CRML) by 456.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,284 shares of the company’s stock after acquiring an additional 25,663 shares during the quarter. Cwm LLC’s holdings in Critical Metals were worth $112,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Next Capital Management LLC purchased a new stake in Critical Metals in the first quarter worth $28,000. Pallas Capital Advisors LLC bought a new position in shares of Critical Metals in the 2nd quarter worth about $45,000. Alps Advisors Inc. increased 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 acquiring an additional 21,451 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Critical Metals in the 2nd quarter worth about $57,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Critical Metals in the 1st quarter worth about $58,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Critical Metals Stock Performance

Shares of NASDAQ CRML opened at $12.94 on Friday. The firm’s 50-day moving average price is $10.33 and its 200-day moving average price is $5.45. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.16. Critical Metals Corp. has a 52-week low of $1.23 and a 52-week high of $32.15.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CRML. Wall Street Zen lowered Critical Metals from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Critical Metals in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average 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.