China Natural Resources (NASDAQ:CHNR) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com started coverage on shares of China Natural Resources (NASDAQ:CHNR) in a report issued on Saturday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Down 2.2 %

Shares of China Natural Resources stock opened at $0.76 on Friday. China Natural Resources has a 52-week low of $0.61 and a 52-week high of $8.85. The company has a fifty day moving average of $0.85 and a 200-day moving average of $1.10.

China Natural Resources Company Profile

China Natural Resources, Inc, through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia.