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

StockNews.com started coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research note published on Wednesday morning. The firm issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Performance

CHNR opened at $0.58 on Wednesday. The business has a 50 day moving average price of $0.59 and a two-hundred day moving average price of $0.64. China Natural Resources has a 1-year low of $0.51 and a 1-year high of $1.43.

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.