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

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

China Natural Resources Stock Performance

Shares of China Natural Resources stock opened at $0.63 on Monday. China Natural Resources has a 52-week low of $0.55 and a 52-week high of $8.85. The stock’s 50-day simple moving average is $0.71 and its 200 day simple moving average is $0.74.

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.