China Natural Resources (NASDAQ:CHNR) Shares Cross Above 200-Day Moving Average – Time to Sell?

China Natural Resources, Inc. (NASDAQ:CHNRGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.90 and traded as high as $3.96. China Natural Resources shares last traded at $3.68, with a volume of 35,903 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of China Natural Resources in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Read Our Latest Research Report on China Natural Resources

China Natural Resources Trading Up 1.1%

The company’s 50-day moving average is $4.09 and its 200 day moving average is $3.90.

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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