Critical Metals (CRML) Projected to Post Earnings on Wednesday

Critical Metals (NASDAQ:CRML) will likely be posting its resultson Wednesday, September 2nd. Analysts expect Critical Metals to announce earnings of ($0.07) per share and revenue of $6.00 million for the quarter.

Critical Metals Stock Performance

Critical Metals stock opened at $7.12 on Monday. Critical Metals has a 52 week low of $5.11 and a 52 week high of $32.15. The firm’s 50-day simple moving average is $7.46 and its 200 day simple moving average is $9.18.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Hsbc Holdings PLC acquired a new stake in shares of Critical Metals during the fourth quarter worth $76,000. Virtu Financial LLC purchased a new stake in shares of Critical Metals in the fourth quarter valued at $369,000. Sunbelt Securities Inc. acquired a new position in Critical Metals in the fourth quarter valued at $28,000. Invesco Ltd. acquired a new position in Critical Metals in the fourth quarter valued at $129,000. Finally, XTX Topco Ltd increased its stake in Critical Metals by 19.5% in the fourth quarter. XTX Topco Ltd now owns 102,022 shares of the company’s stock valued at $708,000 after purchasing an additional 16,642 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Freedom Capital downgraded shares of Critical Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Cantor Fitzgerald assumed coverage on shares of Critical Metals in a report on Tuesday, July 14th. They issued a “speculative buy” rating and a $18.00 price target on the stock. Finally, Weiss Ratings lowered shares of Critical Metals from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Critical Metals currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

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.