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

Equities research analysts at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a report issued on Sunday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Price Performance

CHNR stock opened at $0.76 on Friday. China Natural Resources has a one year low of $0.61 and a one year high of $8.85. The firm has a 50 day simple moving average of $0.83 and a two-hundred day simple moving average of $1.06.

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.