China Natural Resources (NASDAQ: CHNR), through its subsidiaries, conducts exploration and mining of metal properties in the PRC. The Company searches for mineral deposits, including lead, copper, and silver. Moruogu Tong, a 10.43-square-kilometer mine in Bayannaoer City, Inner Mongolia, is owned by the Company.
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
Recent Scores
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The Company has a Market Cap of 47.071M and is trading at a distance of -7.12% from the 20-Day Simple Moving Average. Yesterday it closed -2.17% down at $1.35, but today before market opening, it plunged further -14.07% to $1.16. There are no news releases or press releases from the Other Industrial Metals & Miningcompany, so what else is there to know? And why is CHNR stock trending lower today? With those questions in mind, Let’s look atthe recent announcements by the Company.
Read More
Past Highlights by CHNR
• Zou Yu was appointed Vice President of China Natural Resources, Inc. (NASDAQ: CHNR) on October 22, 2020.
• On October 16, 2020,the Firm announced that it has decided to invest in healthcare in addition to its mining segment.
• On September 11, 2020, Company released downbeat unaudited interim financial data for the six months ended June 30, 2020.
Conclusion:
There’s no obvious explanation for the bearish performance of this stock except for “restless investors.” The fact is, that could be an effect of New Year’s chimes as everyone attempts to forget one of the worst times of human history amid the covid-19 surge.
