StockNews.com Begins Coverage on China Natural Resources (NASDAQ:CHNR)

StockNews.com started coverage on shares of China Natural Resources (NASDAQ:CHNR) in a research report report published on Monday. The brokerage issued a sell rating on the basic materials company’s stock.

China Natural Resources Stock Performance

China Natural Resources stock opened at $0.58 on Monday. The company has a 50-day simple moving average of $0.63 and a 200-day simple moving average of $0.66. China Natural Resources has a one year low of $0.51 and a one year high of $8.85.

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.