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

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

China Natural Resources Price Performance

Shares of NASDAQ:CHNR opened at $0.76 on Friday. The company’s fifty day moving average is $0.83 and its two-hundred day moving average is $1.06. China Natural Resources has a 12-month low of $0.61 and a 12-month high of $8.85.

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.