China Natural Resources (NASDAQ:CHNR) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a note issued to investors on Thursday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

Shares of CHNR stock opened at $0.54 on Thursday. China Natural Resources has a fifty-two week low of $0.51 and a fifty-two week high of $1.31. The stock’s fifty day moving average is $0.58 and its two-hundred day moving average is $0.64.

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.