Critical Metals: Focus on the Greenland Tanbreez Project and Ambitious Analyst Target Driving the Stock

Cantor Fitzgerald initiated coverage of Critical Metals (CRML) on July 14 with a "Speculative Buy" rating and a price target of 18 USD. The company is currently evaluating the sale or spin-off of non-core activities to free up capital exclusively for its flagship project in Greenland. The start of a 10,000-meter drilling campaign in June and the acquisition of an Arctic-capable living ship for 300 workers underline the high development pace on-site. The rare earth market is increasingly coming into geopolitical focus as Western industrial nations...