StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

Research analysts at StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Trading Up 9.9 %

NASDAQ:CHNR opened at $0.80 on Tuesday. China Natural Resources has a one year low of $0.55 and a one year high of $8.85. The stock has a 50-day simple moving average of $0.63 and a 200 day simple moving average of $0.84.

China Natural Resources Company Profile

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.