China Natural Resources (NASDAQ:CHNR) Shares Pass Above 200-Day Moving Average – Should You Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.94 and traded as high as $4.72. China Natural Resources shares last traded at $4.16, with a volume of 45,183 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Research Report on China Natural Resources

China Natural Resources Stock Performance

The company has a 50-day moving average of $4.04 and a 200 day moving average of $3.94.

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.

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