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

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

China Natural Resources Price Performance

NASDAQ:CHNR opened at $1.02 on Wednesday. China Natural Resources has a fifty-two week low of $0.86 and a fifty-two week high of $8.85. The business has a 50 day moving average price of $1.22 and a 200-day moving average price of $1.43.

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.