Coverage of China’s natural resources (NASDAQ:CHNR) initiated by analysts

0 launched coverage on the shares of China Natural Resources (NASDAQ:CHNR – Get Note) in a research report released Saturday. The brokerage has placed a “sell” rating on the shares of the basic materials company.

NASDAQ:CHNR opened at $0.70 on Friday. China Natural Resources has a 1-year low of $0.56 and a 1-year high of $1.88. The stock has a 50-day moving average price of $0.83 and a 200-day moving average price of $0.87.

An institutional investor recently bought a new position in China Natural Resources stock. Citadel Advisors LLC acquired a new stake in China Natural Resources, Inc. (NASDAQ:CHNR – Get Rating) in the third quarter, according to its most recent Form 13F filed with the Securities and Exchange Commission (SEC). The fund bought 30,675 shares of the basic materials company, valued at around $38,000. Citadel Advisors LLC owned 0.12% of China Natural Resources at the end of last quarter. 1.80% of the shares are held by institutional investors.

China Natural Resources Company Profile (Get a rating)

China Natural Resources, Inc, through its subsidiaries, is engaged in the exploration and exploitation of metallic properties in the People’s Republic of China. The company explores deposits of lead, silver and other metals. It holds interests in Moruogu Tong Mine which covers an area of ​​10.43 square kilometers located in the city of Bayannaoer, Inner Mongolia.

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