China Natural Resources (NASDAQ:CHNR) Stock Price Crosses Above 200-Day Moving Average of $1.75

China Natural Resources Inc (NASDAQ:CHNR) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.75 and traded as high as $1.86. China Natural Resources shares last traded at $1.79, with a volume of 175 shares changing hands.

Separately, ValuEngine raised shares of China Natural Resources from a “sell” rating to a “hold” rating in a research note on Saturday, December 7th.

The firm’s 50 day simple moving average is $1.89 and its two-hundred day simple moving average is $1.75.

China Natural Resources (NASDAQ:CHNR) last posted its earnings results on Thursday, October 31st. The basic materials company reported ($0.01) EPS for the quarter. The firm had revenue of $0.20 million for the quarter.

An institutional investor recently bought a new position in China Natural Resources stock. Susquehanna International Group LLP bought a new position in shares of China Natural Resources Inc (NASDAQ:CHNR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,537 shares of the basic materials company’s stock, valued at approximately $40,000. Susquehanna International Group LLP owned approximately 0.09% of China Natural Resources at the end of the most recent reporting period. Institutional investors own 0.13% of the company’s stock.

China Natural Resources Company Profile (NASDAQ:CHNR)

China Natural Resources, Inc, through its subsidiaries, engages in the exploration of metal properties in the People's Republic of China. The company primarily explores for lead, silver, copper, and other metal deposits. It holds interest in the Moruogu Tong mine that covers an area of 10.43 square kilometers located in Bayannaoer City, Inner Mongolia.

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