China Natural Resources (NASDAQ:CHNR) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.88 and traded as high as $4.49. China Natural Resources shares last traded at $4.45, with a volume of 477,567 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of China Natural Resources in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Stock Report on CHNR

China Natural Resources Trading Up 9.6%

The business has a fifty day moving average price of $4.16 and a 200-day moving average price of $3.88.

China Natural Resources Company Profile

(Get Free Report)

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.

Further Reading

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