# Critical Metals Corp. (CRML)

> Source: Nexqual · https://nexqual.com/CRML · data as of 2026-10-30 20:00 UTC · cite as "Nexqual, Critical Metals Corp. (CRML), nexqual.com/CRML" · informational, not investment advice.

**Price:** USD 7.16 (-9.94% on the day) · last close of Oct 30, 2026; US market closed, not a live price. Prev close 7.95 · day 7.02–7.53 · 52w 5.12–21.86 · market cap $1.06B · NGM

## Key facts
- Analysts: Buy (mean 2.00 on a 1–5 scale) (2 analysts), mean target USD 13 (range 8–18).
- Total return with dividends: 1Y -44.7% vs S&P 500 +12.0%; 5Y -28.0% vs S&P 500 +72.5%.
- Dividend: CRML paid no cash dividend in the last five years.
- Short interest: 31.80% of float (as of 2026-10-15), 3.2 days to cover.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 2 analysts; mean target USD 13 (low 8, high 18).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-11 | Freedom Broker | Downgrade | Buy → Hold | $17 → $8 |
| 2026-07-14 | Cantor Fitzgerald | Initiated | Speculative Buy | $18 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-31) | 5Y (from 2022-02-07) |
|---|---|---|
| Total return | -44.7% | -28.0% |
| S&P 500 (SPY) | +12.0% | +72.5% |
| Per year | -44.8% | -6.7% |
| Volatility (annualized) | 129.3% | 106.4% |
| Max drawdown | -75.1% (Jan 2026→Jul 2026) | -89.8% (Mar 2024→Jun 2025) |

## Dividends
CRML paid no cash dividend in the last five years.

## Short interest
30,929,616 shares sold short, 31.80% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 25,821,425 shares (+19.8%). Days to cover: 3.2 (short shares ÷ average daily volume).

## Peers (Other Industrial Metals & Mining)
SSMR (Sunshine Silver Mining & Refini) USD 12.28 -7.25% · ALM (Almonty Industries Inc.) USD 8.7 -6.45% · SKE (Skeena Resources Limited) USD 26.81 -5.30% · USAR (USA Rare Earth, Inc.) USD 9.62 -8.56% · MTRN (Materion Corporation) USD 221.94 -7.45% · MP (MP Materials Corp.) USD 39.57 -4.97%

## More
Full page: https://nexqual.com/CRML · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in CRML's own 20-F filed 2026-09-25 (https://www.sec.gov/Archives/edgar/data/1951089/000121390026103607/ea0302128-20f_critical.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Ucore Rare Metals Inc. (UURAF) | "On August 26, 2025, we entered into a letter of intent for an offtake agreement with Ucore Rare Metals Inc. ("Ucore") for rare earth concentrate from the Tanbreez Project, but we have not yet entered into a binding agree…" |
| Partner | BMW | "In December 2022, we entered into a long-term offtake agreement with BMW, which was conditioned upon the successful start of commercial production at the Wolfsberg Project and full product qualification and certification…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year (ends 2027-06-30) | $-0.19 | $-0.31 | +$0.12 | $0 | 1 |
| Next fiscal year (ends 2028-06-30) | $-0.19 | $-0.09 | −$0.10 | $0 | 1 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-06 | 7 | 105.9% | ±11.9% |
| 2026-11-13 | 14 | 109.9% | ±17.1% |
| 2026-11-20 | 21 | 95.6% | ±18.2% |
| 2026-11-27 | 28 | 99.4% | ±21.7% |
| 2026-12-04 | 35 | 100.6% | ±24.5% |
| 2026-12-11 | 42 | 98.1% | ±26.2% |
| 2026-12-18 | 49 | 88.2% | ±26.9% |
| 2027-01-15 | 77 | 88.5% | ±32.9% |

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-28 | 6-K | Current report (foreign issuer) · period ended Oct 28, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026113302/0001213900-26-113302-index.htm |
| 2026-10-26 | 6-K | Current report (foreign issuer) · period ended Oct 26, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026112523/0001213900-26-112523-index.htm |
| 2026-10-23 | 6-K | Current report (foreign issuer) · period ended Oct 22, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026111777/0001213900-26-111777-index.htm |
| 2026-10-22 | 6-K | Current report (foreign issuer) · period ended Oct 22, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026111477/0001213900-26-111477-index.htm |
| 2026-10-22 | 6-K | Current report (foreign issuer) · period ended Oct 22, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026111467/0001213900-26-111467-index.htm |
| 2026-10-02 | 6-K | Current report (foreign issuer) · period ended Oct 2, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026106323/0001213900-26-106323-index.htm |
| 2026-09-25 | 20-F | Annual report (foreign issuer) · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026103607/0001213900-26-103607-index.htm |
| 2026-09-16 | 6-K | Current report (foreign issuer) · period ended Sep 16, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026100366/0001213900-26-100366-index.htm |
| 2026-08-21 | 6-K | Current report (foreign issuer) · period ended Aug 21, 2026 | https://www.sec.gov/Archives/edgar/data/1951089/000121390026092350/0001213900-26-092350-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.