China Natural Resources (NASDAQ:CHNR) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.40 and traded as high as $4.54. China Natural Resources shares last traded at $4.46, with a volume of 10,222 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China Natural Resources in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Research Report on China Natural Resources

China Natural Resources Trading Up 1.1%

The firm has a 50-day moving average of $5.13 and a 200 day moving average of $4.40.

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.

Further Reading

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