China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 82,200 shares, a growth of 56.0% from the November 30th total of 52,700 shares. Based on an average daily volume of 71,800 shares, the short-interest ratio is presently 1.1 days. Approximately 2.3% of the shares of the stock are sold short.
China Natural Resources Price Performance
China Natural Resources stock opened at $0.63 on Monday. China Natural Resources has a fifty-two week low of $0.51 and a fifty-two week high of $8.85. The stock has a fifty day moving average of $0.64 and a two-hundred day moving average of $0.67.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on shares of China Natural Resources in a research report on Saturday. They issued a “sell” rating on the stock.
About China Natural Resources
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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