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

StockNews.com assumed coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report sent to investors on Monday. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Up 3.8 %

Shares of CHNR opened at $0.66 on Monday. The stock has a 50-day moving average of $0.70 and a two-hundred day moving average of $0.74. China Natural Resources has a one year low of $0.55 and a one 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.