China Natural Resources (NASDAQ:CHNR) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.68 and traded as high as $0.69. China Natural Resources shares last traded at $0.63, with a volume of 75,572 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of China Natural Resources in a research report on Saturday. They issued a “sell” rating for the company.

Check Out Our Latest Research Report on CHNR

China Natural Resources Stock Down 4.5 %

The business has a fifty day moving average price of $0.64 and a 200-day moving average price of $0.67.

About China Natural Resources

(Get Free Report)

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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