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

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.66 and traded as high as $0.67. China Natural Resources shares last traded at $0.63, with a volume of 59,946 shares traded.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on CHNR

China Natural Resources Price Performance

The company has a 50-day moving average price of $0.62 and a 200 day moving average price of $0.66.

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.

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