StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

Equities researchers at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a report issued on Saturday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Trading Down 0.9 %

China Natural Resources stock opened at $0.68 on Friday. The stock has a fifty day moving average price of $0.69 and a 200 day moving average price of $0.77. China Natural Resources has a 52 week low of $0.55 and a 52 week 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.