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

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

China Natural Resources Price Performance

Shares of NASDAQ:CHNR opened at $0.69 on Monday. The company’s fifty day moving average price is $0.63 and its 200-day moving average price is $0.85. China Natural Resources has a one year low of $0.55 and a one year high of $8.85.

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.