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

China Natural Resources, Inc. (NASDAQ:CHNR) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.90 and traded as high as $3.96. China Natural Resources shares last traded at $3.68, with a volume of 35,903 shares.

Wall Street Analyst Weigh In

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

China Natural Resources Price Performance

The firm’s fifty day moving average price is $4.10 and its 200-day moving average price is $3.90.

China Natural Resources Company Profile

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.