Critical Metals (NASDAQ:CRML) Stock Price Down 12.1% - What's Next?

Critical Metals Corp. (NASDAQ:CRML - Get Free Report) fell 12.1% during mid-day trading on Thursday . The stock traded as low as $2.00 and last traded at $2.11. 754,410 shares changed hands during mid-day trading, an increase of 103% from the average session volume of 371,945 shares. The stock had previously closed at $2.40.

Critical Metals Trading Up 36.5 %

The business has a 50-day moving average price of $6.07 and a 200-day moving average price of $6.75.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Barclays PLC grew its stake in shares of Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company's stock worth $77,000 after acquiring an additional 7,996 shares during the last quarter. Geode Capital Management LLC boosted its stake in Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company's stock worth $776,000 after purchasing an additional 4,583 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in 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 purchasing an additional 6,341 shares in the last quarter. Finally, Northern Trust Corp grew its position in Critical Metals by 13.2% during the 4th quarter. Northern Trust Corp now owns 48,641 shares of the company's stock worth $330,000 after purchasing an additional 5,670 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

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.