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

China Natural Resources, Inc. (NASDAQ:CHNR) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.92 and traded as low as $3.66. China Natural Resources shares last traded at $3.7740, with a volume of 4,320 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of China Natural Resources in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

China Natural Resources Price Performance

The stock has a 50 day moving average of $4.09 and a 200 day moving average of $3.92.

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.