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

by · The Markets Daily

StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR – Free Report) in a report released on Saturday morning. The firm issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Performance

Shares of CHNR stock opened at $0.65 on Friday. China Natural Resources has a 1-year low of $0.51 and a 1-year high of $8.85. The stock’s fifty day moving average price is $0.64 and its 200 day moving average price is $0.67.

China Natural Resources Company Profile

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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.

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