China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 17,082 shares, a drop of 73.7% from the June 15th total of 64,992 shares. Approximately 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 30,525 shares, the short-interest ratio is currently 0.6 days.
China Natural Resources Stock Performance
Shares of NASDAQ:CHNR traded down $0.04 during trading on Tuesday, reaching $3.81. The stock had a trading volume of 1,157 shares, compared to its average volume of 388,406. The business’s 50-day moving average price is $4.06 and its 200 day moving average price is $3.91. China Natural Resources has a 52 week low of $3.16 and a 52 week high of $8.20.
Wall Street Analyst Weigh In
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, China Natural Resources has an average rating of “Sell”.
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.
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