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

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

China Natural Resources Price Performance

Shares of NASDAQ CHNR opened at $0.96 on Wednesday. The business’s 50 day moving average price is $1.21 and its two-hundred day moving average price is $1.42. China Natural Resources has a twelve month low of $0.86 and a twelve month 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.