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

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

China Natural Resources Stock Up 3.3 %

China Natural Resources stock opened at $0.62 on Wednesday. China Natural Resources has a fifty-two week low of $0.51 and a fifty-two week high of $8.85. The firm’s fifty day moving average price is $0.62 and its 200-day moving average price is $0.65.

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.