China Natural Resources (NASDAQ:CHNR) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

Shares of China Natural Resources stock opened at $0.68 on Friday. The firm’s 50-day simple moving average is $0.69 and its 200-day simple moving average is $0.77. China Natural Resources has a 1 year low of $0.55 and a 1 year high of $8.85.

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.