China Natural Resources (NASDAQ:CHNR) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Trading Up 2.0 %

Shares of CHNR stock opened at $0.48 on Friday. China Natural Resources has a 12-month low of $0.45 and a 12-month high of $1.14. The business’s 50 day moving average is $0.56 and its two-hundred day moving average is $0.62.

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.