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

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

China Natural Resources Stock Performance

CHNR stock opened at $0.61 on Tuesday. China Natural Resources has a twelve month low of $0.55 and a twelve month high of $8.85. The business has a 50 day moving average price of $0.70 and a two-hundred day moving average price of $0.72.

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.