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

StockNews.com began coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report sent to investors on Saturday. The firm issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Performance

China Natural Resources stock opened at $0.61 on Friday. The firm has a 50-day moving average price of $0.61 and a 200-day moving average price of $0.64. China Natural Resources has a 12-month low of $0.51 and a 12-month high of $1.43.

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.