China Natural Resources (NASDAQ:CHNR) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.68 and traded as high as $0.69. China Natural Resources shares last traded at $0.63, with a volume of 75,572 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on China Natural Resources in a report on Saturday. They set a “sell” rating on the stock.

View Our Latest Report on CHNR

China Natural Resources Price Performance

The business’s fifty day moving average price is $0.64 and its 200-day moving average price is $0.67.

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.

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