PRISM Mid-Day Movers: Psychedelics and Precious Metals are Today’s Leaders.
Shares of Psyence Biomedical Ltd. (Nasdaq: PBM) are surging, recently trading at $8.14, up 38.67% on the day after gapping higher from a previous close of $5.87 and touching an intraday high of $9.83. The psilocybin‑focused mental‑health developer is seeing exceptional liquidity, with volume over 37.6 million shares versus an average of about 1.06 million, turning PBM into a high‑momentum micro‑cap where a thin float and a 52‑week range of $1.92–$468.36 mean sentiment and trading flows can drive dramatic swings around its palliative‑care psychedelic‑medicine story.
Shares of Critical Metals Corp. (Nasdaq: CRML) are ripping higher, recently trading at $12.78, up 37.86% on the day after opening at $11.31 and touching an intraday high of $13.75 on more than 56 million shares traded versus an average of about 12.5 million. The move comes as investors pile into this rare‑earth and lithium developer on the back of fresh drilling and metallurgy updates from its Tanbreez project in Greenland and continued positioning as a potential non‑China source of critical minerals, though the company still has negative EPS of -1.42 and no revenue, keeping CRML in high‑beta, story‑driven territory despite its roughly $1.19 billion market cap.
Other Notable Movers:
Blaize Holdings, Inc. (BZAI) up 32%
LanzaTech Global, Inc. (LNZA) down -28%
