Critical Metals (NASDAQ:CRML) Stock Rating Upgraded by Wall Street Zen

by · The Markets Daily

Critical Metals (NASDAQ:CRML – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

CRML has been the subject of a number of other research reports. Freedom Capital cut shares of Critical Metals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Weiss Ratings lowered shares of Critical Metals from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, July 21st. Finally, Cantor Fitzgerald started coverage on shares of Critical Metals in a report on Tuesday, July 14th. They issued a “speculative buy” rating and a $18.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Check Out Our Latest Analysis on Critical Metals

Critical Metals Price Performance

Shares of Critical Metals stock opened at $6.43 on Friday. The firm’s fifty day simple moving average is $6.91 and its 200-day simple moving average is $8.99. Critical Metals has a 12 month low of $5.11 and a 12 month high of $32.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP increased its position in Critical Metals by 53.4% during the 2nd quarter. Allworth Financial LP now owns 5,055 shares of the company’s stock worth $52,000 after purchasing an additional 1,760 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Critical Metals by 14.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 14,630 shares of the company’s stock worth $116,000 after buying an additional 1,829 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Critical Metals in the 2nd quarter valued at approximately $29,000. BNP Paribas Financial Markets lifted its holdings in shares of Critical Metals by 95.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,401 shares of the company’s stock valued at $40,000 after buying an additional 3,134 shares during the period. Finally, National Bank of Canada FI purchased a new stake in shares of Critical Metals in the third quarter valued at approximately $25,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

About Critical Metals

(Get Free Report)

Critical Metals Corp. is a mineral development company focused on advancing projects that supply critical raw materials for the electric vehicle, battery storage, renewable energy and technology industries. The company’s principal asset is the Wolfsberg Lithium Project in Carinthia, Austria, which is intended to produce battery-grade lithium hydroxide for European markets.

The Wolfsberg project includes planned mining, processing and refining operations designed to support an integrated European lithium supply chain.

Read More