China Natural Resources, Inc. (NASDAQ:CHNR – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.58 and traded as high as $0.61. China Natural Resources shares last traded at $0.59, with a volume of 2,618,250 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen began coverage on China Natural Resources in a research note on Wednesday, May 21st. They issued a “sell” rating for the company.
Read Our Latest Research Report on CHNR
China Natural Resources Stock Down 0.5%
Shares of China Natural Resources are scheduled to reverse split on Thursday, June 12th. The 1-8 reverse split was announced on Tuesday, May 27th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, June 11th.
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.
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