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

Research analysts at StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

China Natural Resources stock opened at $0.60 on Wednesday. The stock’s fifty day moving average price is $0.59 and its two-hundred day moving average price is $0.64. China Natural Resources has a one year low of $0.51 and a one 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.