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

Investment analysts at StockNews.com initiated coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research note issued to investors on Friday. The firm set a “sell” rating on the basic materials company’s stock.

China Natural Resources Stock Up 4.9 %

NASDAQ:CHNR opened at $0.52 on Friday. The company has a 50-day moving average of $0.57 and a 200 day moving average of $0.63. China Natural Resources has a 1-year low of $0.45 and a 1-year high of $1.26.

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.