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

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

China Natural Resources Stock Performance

NASDAQ:CHNR opened at $0.56 on Friday. China Natural Resources has a 12 month low of $0.45 and a 12 month high of $1.13. The firm has a fifty day simple moving average of $0.55 and a two-hundred day simple moving average of $0.61.

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.