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

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

China Natural Resources Trading Down 8.7 %

Shares of NASDAQ CHNR opened at $0.56 on Friday. The firm has a 50-day simple moving average of $0.62 and a 200-day simple moving average of $0.64. China Natural Resources has a 52 week low of $0.51 and a 52 week high of $1.43.

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.