China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 96,200 shares, a growth of 247.3% from the August 31st total of 27,700 shares. Based on an average daily volume of 283,100 shares, the days-to-cover ratio is currently 0.3 days. Approximately 2.7% of the company’s stock are short sold.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on shares of China Natural Resources in a research report on Monday. They issued a “sell” rating for the company.
Check Out Our Latest Stock Analysis on CHNR
China Natural Resources Price Performance
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.
Recommended Stories
- Five stocks we like better than China Natural Resources
- How to Calculate Inflation Rate
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- 3 Healthcare Dividend Stocks to Buy
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- How to Invest in Small Cap StocksĀ
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for China Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter.