China Natural Resources (NASDAQ:CHNR) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.96 and traded as high as $3.98. China Natural Resources shares last traded at $3.9360, with a volume of 1,960 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, China Natural Resources currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on CHNR

China Natural Resources Price Performance

The stock’s fifty day moving average is $3.93 and its 200-day moving average is $3.96.

About China Natural Resources

(Get Free Report)

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.

Further Reading

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