StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

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

China Natural Resources Trading Down 1.0 %

NASDAQ CHNR opened at $0.56 on Friday. The firm’s 50 day moving average is $0.66 and its 200-day moving average is $0.69. China Natural Resources has a 12-month low of $0.51 and a 12-month high of $8.85.

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.