Price Action to Note: China Natural Resources Inc’s Trend Up, Especially After Today’s Strong Session

Price Action to Note: China Natural Resources Inc's Trend Up, Especially After Today's Strong Session

The stock of China Natural Resources Inc (NASDAQ:CHNR) is a huge mover today! About 286,465 shares traded hands or 1923.20% up from the average. China Natural Resources Inc (NASDAQ:CHNR) has declined 0.58% since April 14, 2016 and is downtrending. It has underperformed by 5.27% the S&P500.
The move comes after 7 months positive chart setup for the $64.26M company. It was reported on Nov, 16 by Barchart.com. We have $7.83 PT which if reached, will make NASDAQ:CHNR worth $122.74 million more.

Analysts await China Natural Resources Inc (NASDAQ:CHNR) to report earnings on December, 22.

According to Zacks Investment Research, “China Natural Resources is primarily an integrated marketing company providing advertising and promotional services to clients in diverse industries, including technology, new media, healthcare and consumer goods.”

More notable recent China Natural Resources Inc (NASDAQ:CHNR) news were published by: Quotes.Wsj.com which released: “News China Natural Resources Inc.CHNR” on February 14, 2011, also Prnewswire.com with their article: “China Natural Resources, Inc. Completed Spin-off And Listing Of Coal-mining …” published on January 23, 2014, Reuters.com published: “BRIEF-China Natural Resources – On Aug 15, 2016, Li Feilie tendered his re…” on August 17, 2016. More interesting news about China Natural Resources Inc (NASDAQ:CHNR) were released by: Equitiesfocus.com and their article: “China Natural Resources, Inc. (NASDAQ:CHNR) Reports Basic Consolidated EPS At …” published on November 07, 2016 as well as Equitiesfocus.com‘s news article titled: “China Natural Resources, Inc. (NASDAQ:CHNR) Basic Consolidated EPS At $-0.2196” with publication date: October 28, 2016.

CHNR Company Profile

China Natural Resources, Inc., incorporated on December 14, 1993, is a holding company. The Firm holds mining rights that allows it to mine, process and sell non-ferrous metals extracted or produced at Yangchong Mine located in Anhui Province in the People’s Republic of China (PRC). The Firm operates through exploration and mining-non-ferrous metals segment. The Firm focuses to continue its acquisition and exploitation of mining rights, including the exploration, mineral extraction, processing and sales of iron, zinc and other nonferrous metals extracted or produced at mines mainly located in Anhui Province in the PRC, as well as its operation of related businesses. The Firm conducts these activities through its indirect subsidiary, Wuhu Feishang Mining Development Co., Limited (Wuhu Feishang). The Firm is in the early-stages of exploration for additional mineable ore at Yangchong Mine.

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