China Natural Resources (NASDAQ:CHNR) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened
by Sarita Garza · The Markets DailyShares of China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.92 and traded as low as $3.66. China Natural Resources shares last traded at $3.7740, with a volume of 4,320 shares.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of China Natural Resources in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
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China Natural Resources Stock Performance
The company’s 50 day moving average is $4.08 and its 200-day moving average is $3.92.
China Natural Resources Company Profile
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. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.