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

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

China Natural Resources Trading Up 6.1 %

CHNR opened at $0.88 on Thursday. China Natural Resources has a one year low of $0.61 and a one year high of $8.85. The business’s 50-day simple moving average is $0.90 and its 200-day simple moving average is $1.18.

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.