China Natural Resources (NASDAQ:CHNR) Stock Crosses Above 200 Day Moving Average – Time to Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.82 and traded as high as $0.93. China Natural Resources shares last traded at $0.87, with a volume of 330,149 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of China Natural Resources in a report on Wednesday. They issued a “sell” rating on the stock.

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China Natural Resources Stock Performance

The company has a 50 day moving average of $0.64 and a two-hundred day moving average of $0.82.

About China Natural Resources

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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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