StockNews.com Initiates Coverage on China Natural Resources (NASDAQ:CHNR)

StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report report published on Sunday morning. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Price Performance

NASDAQ CHNR opened at $0.67 on Friday. China Natural Resources has a twelve month low of $0.51 and a twelve month high of $8.85. The business’s fifty day moving average is $0.63 and its 200 day moving average is $0.67.

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.