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Critical Metals (NASDAQ:CRML) Shares Gap Up - Still a Buy?

Critical Metals logo with Basic Materials background

Shares of Critical Metals Corp. (NASDAQ:CRML - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $6.55, but opened at $6.99. Critical Metals shares last traded at $6.87, with a volume of 1,151 shares traded.

Critical Metals Trading Up 3.5 %

The stock has a fifty day moving average of $6.67 and a two-hundred day moving average of $8.03.

Hedge Funds Weigh In On Critical Metals

A number of large investors have recently made changes to their positions in CRML. Geode Capital Management LLC grew its position in Critical Metals by 4.6% during the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company's stock worth $776,000 after buying an additional 4,583 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals during the 2nd quarter worth approximately $185,000. JPMorgan Chase & Co. grew its holdings in shares of Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company's stock worth $90,000 after acquiring an additional 6,341 shares during the period. Barclays PLC increased its stake in Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company's stock valued at $77,000 after purchasing an additional 7,996 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Critical Metals during the second quarter worth $101,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

About Critical Metals

(Get Free Report)

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.

Further Reading

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