PNC Financial Services Group Inc. Increases Stock Position in Critical Metals Corp. $CRML

PNC Financial Services Group Inc. lifted its holdings in Critical Metals Corp. (NASDAQ:CRML) by 100.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 274,348 shares of the company’s stock after purchasing an additional 137,174 shares during the period. PNC Financial Services Group Inc. owned about 0.23% of Critical Metals worth $1,904,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Signaturefd LLC lifted its position in shares of Critical Metals by 44.7% in the 4th quarter. Signaturefd LLC now owns 8,662 shares of the company’s stock worth $60,000 after purchasing an additional 2,676 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Critical Metals by 95.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,401 shares of the company’s stock worth $40,000 after purchasing an additional 3,134 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Critical Metals by 21.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,301 shares of the company’s stock worth $127,000 after purchasing an additional 3,266 shares during the period. National Bank of Canada FI purchased a new stake in shares of Critical Metals in the 3rd quarter worth approximately $25,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals in the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Critical Metals Price Performance

NASDAQ:CRML opened at $11.58 on Thursday. Critical Metals Corp. has a 52 week low of $1.32 and a 52 week high of $32.15. The firm has a 50 day moving average of $10.16 and a 200 day moving average of $10.45.

Wall Street Analysts Forecast Growth

CRML has been the subject of several research reports. Weiss Ratings raised shares of Critical Metals from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, May 19th. Texas Capital raised shares of Critical Metals to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, Freedom Capital raised shares of Critical Metals to a “strong-buy” rating in a research report on Tuesday, March 10th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Critical Metals currently has a consensus rating of “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.