Streetbeat News

CRML

Critical Metals Corp.

https://criticalmetalscorp.com

Industry

Industrial Materials

Critical Metals Corp. operates as a mining exploration and development company. It explores for lithium and rear earth element deposits. The company is based in New York, New York. Critical Metals Corp. is a subsidiary of European Lithium Limited.

Open

1.80

Mkt cap

148M

Volume

643K

High

1.85

P/E Ratio

-0.93

52-wk high

14.00

Low

1.64

Div yield

N/A

52-wk low

1.50

Critical Metals Corp. has initiated a diamond drilling program at the Tanbreez Rare Earth Mine in Greenland. The program aims to evaluate the resources and lifespan of the mine, consisting of 14 holes with a total length of up to 2,200 meters, expected to last around 30 days.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:15 pm

Critical Metals shares are trading higher after the company announced the completion of Stage 1 of its plan to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine from Rimbal.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:59 pm

Critical Metals Corp (NASDAQ:CRML) has completed Stage 1 of its acquisition of a controlling interest in the Tanbreez Greenland Rare Earth Mine. The company issued 8.4 million CRML shares to Rimbal Pty Ltd. in exchange for a 36.45% interest, increasing its total stake to 42%.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:10 pm

Critical Metals Corp. (NASDAQ:CRML) has been included in the Russell 2000, Russell 3000, and Russell Microcap Indexes, effective July 1st, 2024. This inclusion is part of the annual reconstitution of the Russell indexes.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:19 am

Critical Metals shares are trading higher after the company announced a binding heads of agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:52 pm

Critical Metals Corp. (NASDAQ:CRML) has announced a $211 million deal to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine. This acquisition aims to enhance the supply of rare earth elements (REEs) essential for electrification and next-generation technologies in Europe and North America. The project is expected to reduce dependence on Chinese imports and support various commercial and defense applications.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 12:09 pm

Critical Metals Corp. (NASDAQ:CRML) has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine from Rimbal Pty Ltd. The transaction is valued at up to $211 million and positions Critical Metals Corp. as a key supplier of rare earth elements for the western world.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:07 am

NEXTracker Inc. (NASDAQ:NXT) reported better-than-expected Q4 earnings, leading to a 7.7% rise in its stock price. Other notable gainers include monday.com Ltd. (NASDAQ:MNDY), BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX), and Nu Holdings Ltd. (NYSE:NU), among others.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 2:22 pm

Spirit Airlines reported a Q1 fiscal 2024 revenue decline of 6.2% Y/Y, missing consensus, leading to a 9.8% drop in its shares. Other stocks also moved lower, including EyePoint Pharmaceuticals after its Phase 2 trial did not meet its primary endpoint, Integra LifeSciences with weak Q2 EPS guidance, and Bowlero with disappointing quarterly results. Braskem shares fell after a potential transaction update, GameStop declined following a previous week's surge, Uniti Group announced a $300 million notes offering, TreeHouse Foods reported mixed Q1 results, Jasper Therapeutics received a Buy rating from HC Wainwright, and several other companies like Medical Properties Trust, Tyson Foods, Allego, CureVac, Titan International, Geron Corporation, and Amgen also recorded losses.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 5:05 pm

HealthStream, Inc. reported first-quarter GAAP earnings of 17 cents per share, surpassing estimates of 11 cents per share, with sales of $72.760 million against expectations of $71.883 million, leading to a 7.4% rise in its shares. Other stocks also saw significant movements, including Hibbett, Inc. being acquired by JD Sports Fashion, and various companies like Spotify Technology S.A. and Ryder System, Inc. reporting strong financial results or receiving positive analyst coverage.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 2:50 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.