Critical Metals Corp (Nasdaq: CRML) Needs to be on Today's Watchlist!
Critical Role In National Security: Strategic Importance of Rare Earth Elements For Defense Technologies (Missiles, Lasers, Military Communication Systems)!
Geopolitical Strategy: China Controls Nearly All Rare Earth Processing, Critical Metals Corp (Nasdaq: CRML)'s Initiatives Vital For U.S. And Allies To Mitigate Risks.
Advanced Technology Integration: These Rare Earth Elements Supply Materials Crucial For Advanced Technologies (Smartphones, Electric Vehicles, Clean Energy Systems).
Strategic Partnerships: Critical Metals Corp (Nasdaq: CRML)'s Alliances With Key Players Like BMW Demonstrate Capability To Secure Long-Term, High-Value Collaborations.
First-Mover Advantage: Developer Of The First Fully Permitted Mine In Europe, Critical Metals Corp (Nasdaq: CRML) Has Competitive Edge In Accessing And Supplying Critical Metals.
Supply Chain Resilience: Critical Metals Corp (Nasdaq: CRML)'s Acquisition And Development Projects (Like Tanbreez) Enhance Resilience And Diversification Of Global Rare Earth Supply Chain.
July 1, 2024
Dear reader,
Critical Metals Corp (Nasdaq: CRML) opened at $11.45 and quickly reached $11.60 while surpassing several key moving averages including the following:
Period Moving Average
5-Day 11.42
20-Day 11.07
50-Day 10.38
According to TradingView's Technical Analysis Tool, Critical Metals Corp (Nasdaq: CRML) is now triggering 11 Bullish Signals for the 1-Day Time Frame.
Late Friday night, Critical Metals Corp (Nasdaq: CRML) announced its selection for inclusion in the Russell 2000®, Russell 3000®, and Russell Microcap® Indexes, starting from the opening of US equity markets on Monday, July 1st.
This recognition comes as part of the 2024 Russell indexes annual reconstitution.
CEO and Chairman Tony Sage expressed his excitement, highlighting that this milestone reflects the dedication and hard work of the entire team.
He emphasized that being part of these indexes increases the company's market visibility and enhances its potential to achieve long-term goals and deliver value to stakeholders.
Additionally, funds and institutions that track the various Russell indexes are now compelled to buy shares, which could increase demand for Critical Metals Corp (Nasdaq: CRML).
The annual reconstitution of the Russell US indexes ranks the 4,000 largest US stocks by total market capitalization as of April 30th.
Inclusion in the Russell 3000® Index ensures automatic membership in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, as well as the respective growth and value style indexes.
Membership in the Russell Microcap® Index also includes the relevant growth and value style indexes.
Russell indexes are essential benchmarks for market participants and strategies, with around $10.5T in assets benchmarked against the Russell US indexes as of December 2023.
Click here for the full press release.
Immediately turn your attention to Critical Metals Corp (Nasdaq: CRML)!
But you'll need to hurry because Critical Metals Corp (Nasdaq: CRML) has less than 7.8M shares in its float, with insiders owning over 17% and institutions owning over 22% of shares.
On Friday, shares of Critical Metals Corp (Nasdaq: CRML) reached $11.90, up approximately 67% in just over a month coming off of May's low of $7.09 on 5/23/2024, surpassing several key moving averages, including the following:
- 5-Day: 11.45
- 20-Day: 11.05
- 50-Day: 10.32
- Year-to-Date: 10.54
Additionally, Critical Metals Corp (Nasdaq: CRML) triggered 11 Bullish Signals on TradingView's technical analysis tool for the 1-hour time frame.
Could this be the beginning of something bigger for Critical Metals Corp (Nasdaq: CRML)?
Keep reading to see what we discovered.
In the high-stakes world of advanced technology and defense, rare earth elements (REEs) are the unsung heroes powering everything from smartphones and electric vehicles to missiles and military communication systems.