China Natural Resources (NASDAQ:CHNR) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Down 1.7 %

Shares of NASDAQ CHNR opened at $0.57 on Friday. China Natural Resources has a fifty-two week low of $0.51 and a fifty-two week high of $8.85. The company has a 50 day simple moving average of $0.61 and a two-hundred day simple moving average of $0.64.

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.