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

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.93 and traded as high as $4.23. China Natural Resources shares last traded at $4.1860, with a volume of 3,112 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of China Natural Resources in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, China Natural Resources has an average rating of “Sell”.

Get Our Latest Stock Report on China Natural Resources

China Natural Resources Stock Down 0.5%

The stock’s 50 day simple moving average is $3.94 and its two-hundred day simple moving average is $3.93.

About China Natural Resources

(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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