China Natural Resources, Inc. (NASDAQ:CHNR) Sees Significant Increase in Short-Term Interest


China Natural Resources, Inc. (NASDAQ:CHNR – Get Rating) was the target of strong short-term interest growth in June. As of June 30, there were short interests totaling 10,300 shares, a growth of 505.9% from the total of 1,700 shares as of June 15. Based on an average daily trading volume of 16,800 shares, the short-term interest rate ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

NASDAQ:CHNR shares opened at $0.65 on Thursday. The company has a 50-day moving average of $0.68 and a 200-day moving average of $0.80. The company has a debt ratio of 0.41, a quick ratio of 2.83 and a current ratio of 2.85. China Natural Resources has a 12-month low of $0.56 and a 12-month high of $1.81.

Separately, began covering China Natural Resources shares in a report on Friday, July 8. They set a “sell” rating for the company.

China Natural Resources Company Profile (Get an assessment)

China Natural Resources, Inc, through its subsidiaries, is engaged in the exploration and exploitation of metallic properties in the People’s Republic of China. He explores lead, silver and other non-ferrous metals. The Company holds a stake in Moruogu Tong Mine which covers an area of ​​7.81 square kilometers located in Bayannaoer City, Inner Mongolia.

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