Critical Metals (NASDAQ:CRML) Rating Lowered to Sell at Wall Street Zen

Critical Metals (NASDAQ:CRML) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Critical Metals in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Critical Metals presently has a consensus rating of “Sell”.

Critical Metals Stock Performance

CRML opened at $14.98 on Friday. Critical Metals has a twelve month low of $1.23 and a twelve month high of $19.25. The business’s 50 day moving average is $6.71 and its 200-day moving average is $3.84. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.16.

Institutional Investors Weigh In On Critical Metals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRML. Next Capital Management LLC bought a new stake in Critical Metals during the first quarter worth approximately $28,000. Police & Firemen s Retirement System of New Jersey acquired a new position in Critical Metals in the second quarter worth approximately $33,000. B. Riley Wealth Advisors Inc. acquired a new position in Critical Metals in the second quarter worth approximately $37,000. Pallas Capital Advisors LLC acquired a new position in Critical Metals in the second quarter worth approximately $45,000. Finally, Tower Research Capital LLC TRC grew its position in Critical Metals by 121.8% in the second quarter. Tower Research Capital LLC TRC now owns 13,258 shares of the company’s stock worth $47,000 after buying an additional 7,280 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

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.