China Natural Resources (NASDAQ:CHNR) Earns Sell Rating from Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR – Get Rating) in a research report issued on Wednesday. The brokerage set a “sell” rating on the basic materials company’s stock.

China Natural Resources Price Performance

NASDAQ:CHNR opened at $2.30 on Wednesday. The company has a 50-day moving average of $2.50 and a 200-day moving average of $2.58. China Natural Resources has a 52 week low of $1.63 and a 52 week high of $4.40. The company has a quick ratio of 3.03, a current ratio of 3.05 and a debt-to-equity ratio of 0.40.

China Natural Resources Company Profile

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China Natural Resources, Inc operates as a holding company. The firm engages in the exploration for lead, silver, and other metals in the Inner Mongolia Autonomous Region of China. It operates through the following segments: Exploration & Mining and Corporate Activities. The company was founded on December 14, 1993 and is headquartered in Hong Kong.