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

StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report sent to investors on Saturday morning. The firm issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Performance

Shares of CHNR stock opened at $0.57 on Friday. The stock’s fifty day moving average is $0.61 and its two-hundred day moving average is $0.64. China Natural Resources has a fifty-two week low of $0.51 and a fifty-two week high of $1.46.

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.