China Natural Resources (NASDAQ:CHNR) Shares Cross Above 200-Day Moving Average – Time to Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on China Natural Resources in a research report on Wednesday. They set a “sell” rating for the company.

Check Out Our Latest Research Report on China Natural Resources

China Natural Resources Trading Down 17.1 %

The business has a fifty day moving average of $0.64 and a 200 day moving average of $0.82.

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.

See Also

Receive News & Ratings for China Natural Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Natural Resources and related companies with MarketBeat.com's FREE daily email newsletter.