Linden Advisors LP Sells 592,577 Shares of Critical Metals Corp. $CRML

Linden Advisors LP trimmed its holdings in Critical Metals Corp. (NASDAQ:CRML) by 94.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,423 shares of the company’s stock after selling 592,577 shares during the period. Linden Advisors LP’s holdings in Critical Metals were worth $202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in CRML. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Critical Metals during the second quarter worth about $33,000. B. Riley Wealth Advisors Inc. bought a new position in Critical Metals in the 2nd quarter valued at about $37,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in Critical Metals in the 3rd quarter valued at about $38,000. BNP Paribas Financial Markets boosted its stake in Critical Metals by 95.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,401 shares of the company’s stock valued at $40,000 after purchasing an additional 3,134 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in Critical Metals by 1,263.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 7,419 shares of the company’s stock valued at $46,000 after purchasing an additional 6,875 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Critical Metals Trading Up 0.9%

Shares of CRML stock opened at $9.13 on Tuesday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average of $12.50 and a 200-day moving average of $10.63. Critical Metals Corp. has a one year low of $1.23 and a one year high of $32.15.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CRML. Weiss Ratings reissued a “sell (e+)” rating on shares of Critical Metals in a research note on Wednesday, January 21st. Freedom Capital raised Critical Metals to a “strong-buy” rating in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Critical Metals currently has an average rating of “Moderate Buy”.

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.