China Natural Resources (NASDAQ:CHNR) Releases Earnings Results

China Natural Resources (NASDAQ:CHNR) posted its quarterly earnings results on Wednesday. The basic materials company reported ($0.07) earnings per share for the quarter, FiscalAI reports.

China Natural Resources Price Performance

Shares of CHNR stock opened at $3.56 on Wednesday. China Natural Resources has a 1 year low of $3.16 and a 1 year high of $8.20. The company’s fifty day simple moving average is $4.21 and its two-hundred day simple moving average is $4.25.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China Natural Resources in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.