China Natural Resources (NASDAQ:CHNR) Now Covered by StockNews.com

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

China Natural Resources Price Performance

CHNR opened at $0.73 on Friday. The stock has a fifty day moving average price of $0.68 and a 200 day moving average price of $0.78. China Natural Resources has a 1 year low of $0.55 and a 1 year high of $8.85.

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.