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 report issued on Thursday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Performance

NASDAQ CHNR opened at $0.57 on Thursday. China Natural Resources has a 52 week low of $0.51 and a 52 week high of $8.85. The company has a 50-day moving average price of $0.69 and a two-hundred day moving average price of $0.70.

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.