China Natural Resources (NASDAQ:CHNR) Earns Sell Rating from Analysts at StockNews.com

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

China Natural Resources Stock Performance

Shares of NASDAQ:CHNR opened at $1.04 on Wednesday. The business has a 50 day simple moving average of $1.27 and a two-hundred day simple moving average of $1.44. China Natural Resources has a 1 year low of $0.86 and a 1 year high of $8.85.

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.