Company Overview:  Critical Mineral Resources PLC (LSE: CMRS) is a United Kingdom-based exploration and development company. The Company is focused on developing a sediment-hosted copper and silver project in Morocco. Its operations include the Agadir Melloul project and the Igli project. This Report covers the Price Action, Technical Indicators Analysis along with the Support Levels, Resistance Levels, and Recommendations on this stock.

Fundamental Highlights:

1. Strategic Capital Deployment into Core Projects: The £1.123 million advance to its Agadir Melloul joint venture, representing over 58% of assets, funds operational drilling and permits. This shifts the model from a holding company to an active developer, de-risking the strategy by focusing capital on asset-creating exploration.
2. Strengthened Balance Sheet and Funding Flexibility: CMRS raised £2.2 million, shifting its balance sheet to a positive net asset position. Cash increased nearly tenfold to £671,471, providing operational runway. Investment from its largest shareholder after technical due diligence validates the project and reduces financing risk.
3. Operational Milestone Achieved with Joint Venture Formalization: The formal joint venture agreement for Agadir Melloul secures CMR's path to a 60% interest, moving the project from concept to development. Drilling is progressing well with visible mineralization, indicating the capital is generating tangible results that can act as a value catalyst.

CMRS Technical Observation:

Critical Mineral Resources PLC (LSE: CMRS) is trading at GBX 3.00 after a sharp decline, with recent candles indicating early signs of consolidation and easing selling pressure. The RSI at 34.15 reflects oversold conditions, hinting at the possibility of a short-term technical rebound if sentiment stabilises. Although the broader trend remains downward, a sustained move above GBX 3.38 could pave the way for a relief bounce toward GBX 3.90. Immediate support lies near GBX 2.10, and a developing bullish divergence in RSI may further strengthen the prospects of a near-term recovery.

CMRS Daily Chart

CMRS Daily Technical Chart, Source – Refinitiv

As per the above-mentioned price action and technical indicators analysis, a ‘Speculative Buy’ rating has been given on Critical Mineral Resources PLC (LSE: CMRS) at the Current Market Price of GBX 3.00, as of December 01, 2025, 09:00 AM, GMT.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on December 01, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement. 

Note 5: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.