Begins Coverage on China Natural Resources (NASDAQ:CHNR) began coverage on shares of China Natural Resources (NASDAQ:CHNRFree Report) in a research report sent to investors on Tuesday. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Price Performance

CHNR opened at $0.86 on Tuesday. The business’s fifty day simple moving average is $0.99 and its 200-day simple moving average is $1.25. China Natural Resources has a 12-month low of $0.82 and a 12-month high of $8.85.

China Natural Resources Company Profile

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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.

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