Critical Metals Corp.
- Open
- 7.12
- Day high
- 7.27
- Day low
- 6.97
- Prev close
- 7.12
- Volume
- 3.9M
- Mkt cap
- $1.1B
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 7.4
- P/S
- 1378.0
- Yield
- —
- Per share
- —
Critical Metals Corp. (CRML) is a Basic Materials company listed on NASDAQ. The stock is up 23% over the past year. Drillr has 1 published research article covering CRML.
Critical Metals Corp. (CRML) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
CRML earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Mar 13, 2026 | $-0.06 | $-0.06 | +0.0% | — | — |
| Oct 3, 2025 | — | $-0.19 | — | $100382 | — |
| Mar 31, 2025 | — | $-0.19 | — | $100382 | — |
| Nov 14, 2024 | — | $-0.08 | — | $179930 | — |
| Jun 30, 2024 | — | $-0.90 | — | $58830 | — |
| Mar 31, 2024 | — | $-0.90 | — | $58830 | — |
| Dec 31, 2023 | — | $-0.00 | — | $270 | — |
| Sep 29, 2023 | — | $-0.02 | — | — | — |
CRML insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Mar 26, 2026 | Zhernov Mykhailodirector | Sell | 25,000 | $8.07 |
Source: CRML SEC Form 4 filings, latest Mar 26, 2026. For informational purposes only — not investment advice.
See the full CRML insider & 13F page →Critical Metals Corp. company profile
Overview
Critical Metals Corp. (NASDAQ:CRML) is a mining exploration and development company founded in 2022 that focuses on discovering and developing lithium and rare earth element deposits. The company went public on February 7, 2022, and operates as a subsidiary of European Lithium Limited. Based in New York, Critical Metals represents a relatively new entrant in the critical minerals sector, positioning itself to capitalize on the growing demand for materials essential to renewable energy technologies and electric vehicle batteries.
Business
Critical Metals Corp. operates in the mining exploration and development industry, specifically targeting critical minerals that are essential for modern technology and the energy transition. The company's primary focus is on two key mineral categories: lithium and rare earth elements. Lithium is a lightweight metal that serves as a crucial component in rechargeable batteries, particularly lithium-ion batteries used in electric vehicles, smartphones, laptops, and energy storage systems. As the world transitions toward renewable energy and electric transportation, lithium has become increasingly valuable due to its unique properties that enable efficient energy storage and release. Rare earth elements (REEs) are a group of 17 chemically similar metallic elements that are essential for manufacturing high-tech products including wind turbines, electric vehicle motors, smartphones, military equipment, and various electronic components. Despite their name, these elements are not particularly rare in Earth's crust, but they are difficult and expensive to extract and process in an environmentally responsible manner. The company operates in the upstream segment of the mining value chain, focusing on exploration and development activities rather than actual production. This means Critical Metals is currently in the phase of identifying, evaluating, and preparing mineral deposits for future extraction, rather than generating revenue from selling refined minerals to end users.
Revenue model
As an exploration-stage mining company, Critical Metals currently generates minimal revenue and operates primarily on a capital investment model rather than traditional product sales. The company's limited revenue of approximately $180,000 in recent quarters likely comes from preliminary activities, consulting services, or small-scale operations rather than commercial mining production. The company's business model is built around several key phases: 1. **Exploration and Discovery** - identifying promising mineral deposits through geological surveys, drilling, and sampling; 2. **Resource Development** - proving the economic viability of discovered deposits through feasibility studies and engineering assessments; 3. **Future Production** - eventually extracting and selling lithium and rare earth elements to battery manufacturers, technology companies, and other industrial users. Critical Metals' profitability will ultimately depend on several critical factors. **Commodity price fluctuations** significantly impact the economic viability of mining projects, with lithium and rare earth element prices subject to supply-demand dynamics driven by electric vehicle adoption, renewable energy deployment, and geopolitical factors. **Operational efficiency** in extraction and processing will determine cost competitiveness, while **regulatory approval** processes can significantly impact project timelines and costs. **Capital access** remains crucial, as mining development requires substantial upfront investment before generating revenue. The company's success will also depend on **geological risk** - whether discovered deposits contain sufficient quantities and grades of minerals to justify commercial extraction.
Competitive moat
Critical Metals Corp. currently operates with a relatively weak competitive moat, which is typical for early-stage exploration companies in the mining sector. The company's primary potential advantages lie in **strategic asset positioning** - if their exploration projects are located in geologically favorable areas or politically stable jurisdictions, this could provide some competitive advantage over projects in higher-risk regions. However, the mining exploration industry is characterized by high competition and low barriers to entry for the exploration phase. **Resource quality and quantity** will ultimately determine the company's competitive position - only projects with large, high-grade deposits in accessible locations can develop sustainable competitive advantages. **Geographic location** could become a moat factor if Critical Metals' projects are situated in regions with favorable mining regulations, established infrastructure, and proximity to processing facilities or end markets. The company faces significant competitive threats from **established mining giants** with superior financial resources, technical expertise, and operational capabilities. **Alternative supply sources** including recycling technologies, alternative battery chemistries, and new mineral discoveries could also impact demand for the company's target minerals. Additionally, **technological disruption** in battery technology or renewable energy systems could reduce demand for lithium and rare earth elements, fundamentally altering the market dynamics that currently favor critical minerals exploration.
Risks & safety
Critical Metals Corp. presents significant financial risk with minimal margin of safety for investors. • **Liquidity Crisis**: Current ratio of 0.01 indicates severe short-term liquidity problems, with current liabilities of $57.7 million vastly exceeding current assets of $552,000 • **Cash Position**: Only $149,000 in cash and short-term investments as of Q4 2024, representing extremely limited operating runway • **Operating Losses**: Negative EBITDA of -$10.7 million and negative free cash flow of -$1.5 million demonstrate ongoing cash burn without revenue generation • **Debt Burden**: Total liabilities of $72.7 million against total assets of $146.3 million, though debt-to-equity ratio of 0.20 suggests manageable long-term debt levels • **Valuation Concerns**: Price-to-book ratio of 8.15 appears elevated for a pre-revenue exploration company with negative returns • **Solvency Risk**: Graham net-net working capital of -82% indicates the company's liquidation value would likely be insufficient to cover obligations • **Operational Funding**: Significant capital requirements ahead for exploration and development activities with no clear funding source identified
Recent development
Based on the available financial data, Critical Metals Corp. appears to be in the early stages of transitioning from a startup exploration company to a more established development-stage operation. The most significant development has been a substantial increase in total assets from $160.6 million in 2022 to $146.3 million in 2024, suggesting ongoing investment in exploration assets and infrastructure development. The company has experienced significant operational scaling challenges, with net losses increasing dramatically from -$254,000 in 2022 to over -$72 million in recent quarters. This substantial increase in losses likely reflects ramped-up exploration activities, increased personnel costs, and higher operational expenses as the company advances its mineral projects through various development phases. Revenue generation has begun modestly, with the company reporting approximately $180,000 in quarterly revenue during 2024, representing the first meaningful revenue since going public. This suggests Critical Metals may have initiated some preliminary commercial activities or consulting services related to their mineral exploration expertise. However, the company remains fundamentally pre-revenue in terms of commercial mining operations, with current income insufficient to offset substantial operational expenses and exploration investments.
CRML company profile · for informational purposes only — not investment advice.
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