Critical Metals Corp. (CRML) surged 39.00 percent to $12.89, gaining $3.61 on Friday, after the company announced that the Government of Greenland approved the transfer of the remaining 50.5 percent stake in Tanbreez Mining Greenland A/S, increasing its ownership to 92.5 percent and solidifying control over one of the world's largest, rare-earth deposits.
The stock is currently trading at $12.89, compared to its previous close of $9.27 on the Nasdaq. During the session, it touched a high of $13.20 and a low of $11.15, with trading volume reaching 31,783,671 shares, significantly above its average volume of 12,499,950.
The increased ownership in the Tanbreez project is viewed as a major strategic milestone, strengthening the company's position in the global rare earth supply chain amid rising demand for critical minerals. CRML's 52-week range stands between $1.29 and $32.15.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.