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

Stock analysts at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNRGet Free Report) in a report issued on Monday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

CHNR opened at $0.64 on Monday. China Natural Resources has a twelve month low of $0.55 and a twelve month high of $8.85. The firm’s 50-day moving average price is $0.70 and its 200 day moving average price is $0.74.

About China Natural Resources

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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.

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