China Natural Resources (NASDAQ:CHNR) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

China Natural Resources, Inc. (NASDAQ:CHNR) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.22 and traded as low as $3.85. China Natural Resources shares last traded at $3.98, with a volume of 3,599 shares changing hands.

Analyst Ratings Changes

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

China Natural Resources Price Performance

The firm’s fifty day simple moving average is $3.79 and its 200 day simple moving average is $4.22.

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.