China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 64,992 shares, a growth of 198.0% from the May 31st total of 21,807 shares. Based on an average trading volume of 368,651 shares, the short-interest ratio is presently 0.2 days. Approximately 6.7% of the shares of the company are short sold.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of China Natural Resources in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Stock Report on CHNR
China Natural Resources Price Performance
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. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.
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