China Natural Resources (NASDAQ:CHNR) Stock Crosses Above 200 Day Moving Average – Time to Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.82 and traded as high as $0.93. China Natural Resources shares last traded at $0.87, with a volume of 330,149 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on China Natural Resources in a research report on Wednesday. They set a “sell” rating for the company.

Read Our Latest Stock Analysis on China Natural Resources

China Natural Resources Stock Down 4.1 %

The stock’s 50 day moving average is $0.64 and its two-hundred day moving average is $0.82.

About China Natural Resources

(Get Free Report)

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.

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