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

Equities researchers at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report issued to clients and investors on Friday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

NASDAQ:CHNR opened at $0.73 on Friday. China Natural Resources has a 12-month low of $0.55 and a 12-month high of $8.85. The business has a 50 day simple moving average of $0.68 and a 200 day simple moving average of $0.79.

About China Natural Resources

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.