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

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

China Natural Resources Price Performance

China Natural Resources stock opened at $0.63 on Tuesday. The company’s 50 day simple moving average is $0.70 and its 200-day simple moving average is $0.73. China Natural Resources has a 1 year low of $0.55 and a 1 year high of $8.85.

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.