Cantor Fitzgerald L. P. Trims Position in Critical Metals Corp. $CRML

Cantor Fitzgerald L. P. trimmed its position in shares of Critical Metals Corp. (NASDAQ:CRML) by 23.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,405 shares of the company’s stock after selling 58,391 shares during the period. Cantor Fitzgerald L. P.’s holdings in Critical Metals were worth $1,184,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in Critical Metals by 272.6% in the 2nd quarter. Geode Capital Management LLC now owns 455,006 shares of the company’s stock worth $1,629,000 after buying an additional 332,878 shares during the period. Creative Planning bought a new stake in Critical Metals during the third quarter valued at about $1,952,000. Vanguard Group Inc. raised its holdings in Critical Metals by 40.0% during the third quarter. Vanguard Group Inc. now owns 291,104 shares of the company’s stock valued at $1,811,000 after acquiring an additional 83,225 shares during the period. Shay Capital LLC purchased a new position in shares of Critical Metals in the second quarter valued at about $984,000. Finally, Millennium Management LLC bought a new position in shares of Critical Metals in the third quarter worth about $1,470,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on CRML. Freedom Capital upgraded Critical Metals to a “strong-buy” rating in a research report on Tuesday, March 10th. Weiss Ratings reissued a “sell (e+)” rating on shares of Critical Metals in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Critical Metals Stock Down 4.9%

CRML opened at $8.72 on Thursday. The company has a quick ratio of 0.13, a current ratio of 0.75 and a debt-to-equity ratio of 0.10. The company has a fifty day moving average of $12.34 and a 200 day moving average of $10.63. Critical Metals Corp. has a fifty-two week low of $1.23 and a fifty-two week high of $32.15.

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.