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

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

China Natural Resources Stock Performance

Shares of NASDAQ CHNR opened at $0.55 on Tuesday. China Natural Resources has a one year low of $0.45 and a one year high of $1.13. The business has a fifty day simple moving average of $0.54 and a 200 day simple moving average of $0.59.

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.