Critical Metals (NASDAQ:CRML) Trading Down 12.1% – Time to Sell?

Critical Metals Corp. (NASDAQ:CRML) fell 12.1% during trading on Thursday . The stock traded as low as $2.00 and last traded at $2.11. 754,410 shares traded 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 Stock Performance

The business’s 50-day simple moving average is $6.27 and its two-hundred day simple moving average is $6.89.

Institutional Trading of Critical Metals

A number of institutional investors have recently added to or reduced their stakes in the business. Barclays PLC raised its position in Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after purchasing an additional 7,996 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Critical Metals by 111.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after buying an additional 6,341 shares during the period. Northern Trust Corp lifted 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 acquiring an additional 5,670 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Critical Metals by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 107,034 shares of the company’s stock worth $727,000 after acquiring an additional 2,696 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

About Critical Metals

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.