China Natural Resources, Inc. (NASDAQ:CHNR) Short Interest Update

China Natural Resources, Inc. (NASDAQ:CHNR) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 36,760 shares, a growth of 86.6% from the February 12th total of 19,701 shares. Approximately 3.9% of the company’s stock are short sold. Based on an average daily trading volume, of 19,550 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily trading volume, of 19,550 shares, the days-to-cover ratio is currently 1.9 days. Approximately 3.9% of the company’s stock are short sold.

China Natural Resources Stock Down 2.0%

Shares of NASDAQ:CHNR opened at $3.42 on Friday. The business’s 50 day moving average is $3.69 and its 200 day moving average is $4.22. China Natural Resources has a 12-month low of $3.16 and a 12-month high of $8.20.

China Natural Resources (NASDAQ:CHNR) last released its quarterly earnings results on Wednesday, December 31st. The basic materials company reported ($0.07) EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, China Natural Resources currently has an average rating of “Sell”.

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. It also offers equipment for rural wastewater treatment; and engineering. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong.