StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

StockNews.com assumed coverage on shares of China Natural Resources (NASDAQ:CHNRFree Report) in a research report released on Sunday morning. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Price Performance

CHNR stock opened at $0.64 on Friday. The stock has a 50-day moving average price of $0.64 and a 200-day moving average price of $0.87. China Natural Resources has a 1-year low of $0.55 and a 1-year high of $8.85.

About China Natural Resources

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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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