FNY Investment Advisers LLC Invests $1.06 Million in Critical Metals Corp. $CRML

FNY Investment Advisers LLC acquired a new position in shares of Critical Metals Corp. (NASDAQ:CRML) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 295,976 shares of the company’s stock, valued at approximately $1,059,000. FNY Investment Advisers LLC owned 0.30% of Critical Metals as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Pallas Capital Advisors LLC acquired a new stake in Critical Metals in the 2nd quarter valued at $45,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Critical Metals in the 2nd quarter valued at $57,000. Next Capital Management LLC acquired a new stake in Critical Metals in the 1st quarter valued at $28,000. CWM LLC grew its position in Critical Metals by 456.6% in the 2nd quarter. CWM LLC now owns 31,284 shares of the company’s stock valued at $112,000 after purchasing an additional 25,663 shares during the period. Finally, Alps Advisors Inc. grew its position in Critical Metals by 139.8% in the 1st quarter. Alps Advisors Inc. now owns 36,799 shares of the company’s stock valued at $51,000 after purchasing an additional 21,451 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Critical Metals Price Performance

CRML opened at $16.27 on Wednesday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.16. The firm’s fifty day moving average price is $9.14 and its two-hundred day moving average price is $4.81. Critical Metals Corp. has a 1 year low of $1.23 and a 1 year high of $32.15.

Analyst Ratings Changes

Several analysts recently issued reports on CRML shares. Wall Street Zen downgraded shares of Critical Metals from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Critical Metals in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

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.