China Natural Resources (NASDAQ:CHNR) Now Covered by Analysts at StockNews.com

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

China Natural Resources Price Performance

NASDAQ:CHNR traded down $0.03 during midday trading on Thursday, hitting $0.97. The company’s stock had a trading volume of 19,088 shares, compared to its average volume of 151,436. China Natural Resources has a fifty-two week low of $0.86 and a fifty-two week high of $8.85. The firm’s 50 day moving average is $1.16 and its 200-day moving average is $1.40.

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.