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

Equities researchers at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR – Get Rating) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Price Performance

NASDAQ CHNR opened at $0.44 on Tuesday. The stock has a 50 day moving average price of $0.40 and a 200-day moving average price of $0.51. China Natural Resources has a one year low of $0.33 and a one year high of $1.35. The company has a current ratio of 2.83, a quick ratio of 2.81 and a debt-to-equity ratio of 0.39.

About China Natural Resources

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China Natural Resources, Inc operates as a holding company. The firm engages in the exploration for lead, silver, and other metals in the Inner Mongolia Autonomous Region of China. It operates through the following segments: Exploration & Mining and Corporate Activities. The company was founded on December 14, 1993 and is headquartered in Hong Kong.