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 research note issued to investors on Monday. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Up 3.8 %

NASDAQ CHNR opened at $0.66 on Monday. The firm’s fifty day simple moving average is $0.70 and its two-hundred day simple moving average is $0.74. China Natural Resources has a 12-month low of $0.55 and a 12-month high of $8.85.

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.