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

StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a report published on Wednesday. The firm issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Performance

Shares of NASDAQ:CHNR opened at $0.75 on Wednesday. The firm has a 50 day simple moving average of $0.64 and a 200-day simple moving average of $0.82. China Natural Resources has a twelve month low of $0.55 and a twelve month high of $8.85.

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.