--- title: "Weekly Recap | Critical Metals +0.14%, lithium deal hearing near" type: "News" locale: "en" url: "https://longbridge.com/en/news/297388124.md" description: "Critical Metals (CRML) closed the week at $7.12, up 0.14% from $7.11 the previous Friday. The S&P 500 rose 0.49% over the same period, leaving the stock 0.35 percentage points behind the benchmark. The week’s range was 29.64%. Monday (24 Aug) opened low and closed at $6.67, the weekly trough. Tuesday (25 Aug) surged to $8.10 on elevated volume, and Wednesday (26 Aug) peaked at $8.56 before settling at $7.99. Thursday (27 Aug) held around $8." datetime: "2026-08-29T05:36:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297388124.md) - [en](https://longbridge.com/en/news/297388124.md) - [zh-HK](https://longbridge.com/zh-HK/news/297388124.md) generator: "portal-rs" --- # Weekly Recap | Critical Metals +0.14%, lithium deal hearing near ## The Week Critical Metals (CRML) closed the week at $7.12, up 0.14% from $7.11 the previous Friday. The S&P 500 rose 0.49% over the same period, leaving the stock 0.35 percentage points behind the benchmark. The week’s range was 29.64%. Monday (24 Aug) opened low and closed at $6.67, the weekly trough. Tuesday (25 Aug) surged to $8.10 on elevated volume, and Wednesday (26 Aug) peaked at $8.56 before settling at $7.99. Thursday (27 Aug) held around $8.04, but Friday (28 Aug) slid again to end at $7.12. Average daily volume of 12.3m shares was roughly double the median. ## Key Events The company’s own news centred on the proposed European Lithium acquisition. After market close on Friday 28 Aug, the company provided an update on the deal, with a hearing imminent. A market update dated Saturday 29 Aug noted the stock fell 9.64%, saying the upcoming hearing could not prevent a pullback. The rest of the week’s items were largely industry and market commentary: two articles on Tuesday 25 Aug discussed the physical gravity of the value chain for rare earths and thermal management, as well as mid-cap pivots and blowout earnings highlighting third-quarter strategic overhauls; on Wednesday 26 Aug the stock appeared among the top US gainers for 25 Aug. The narrative for the week revolved around progress on the lithium acquisition and positioning ahead of the hearing outcome. ## Analyst Ratings Two firms cover the stock: one rates it overweight and one neutral, with no buy, underweight or sell ratings. The consensus recommendation is hold. The consensus target price is $13, about 82.58% above the last close of $7.12, with targets ranging from $8 to $18—a wide spread. Within the diversified metals and mining industry of 62 names, the stock ranks 50th, in the lower half. ## The Week Ahead Next week brings a full macro calendar. Monday 31 Aug sees the Dallas Fed manufacturing business activity index, prior 1.3; Tuesday 1 Sep includes the S&P Global manufacturing PMI final, ISM manufacturing PMI and JOLTS job openings; Wednesday 2 Sep brings ADP private payrolls, factory orders and EIA crude inventories. On the company side, the European Lithium acquisition hearing remains the key event to track. ## In Short CRML traded actively this week, with daily volume well above the median, yet the week-on-week price change was nearly flat. Valuation sits at around 6.25x PB with negative earnings; the consensus target is more than 80% above spot, but the rating is only hold and the industry rank is low, showing a gap between long-term upside and current profitability. The latest day’s flow showed large lots as net sellers, while small and medium lots split direction. The hearing outcome will be the next test of whether the lithium acquisition can reshape the valuation. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [CRML.US](https://longbridge.com/en/quote/CRML.US.md) ## Related News & Research - [Labcorp buys MLM Medical Labs](https://longbridge.com/en/news/298332531.md) - [Zim Integrated Shipping shares rise as Hapag-Lloyd revises takeover proposal](https://longbridge.com/en/news/298305628.md) - [Northern Ocean Announces Preliminary Result Of Mandatory Offer](https://longbridge.com/en/news/298545508.md) - [TML Tender Offer - Publication of the Offer Document](https://longbridge.com/en/news/298070476.md) - [Novartis stock tanks following third major pipeline setback](https://longbridge.com/en/news/298340456.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**