Stock Worth Watching: What’s Ahead for China Natural Resources Inc After Today’s Huge Decline?

Stock Worth Watching: What's Ahead for China Natural Resources Inc After Today's Huge Decline?

The stock of China Natural Resources Inc (NASDAQ:CHNR) is a huge mover today! About 61,814 shares traded hands. China Natural Resources Inc (NASDAQ:CHNR) has risen 53.13% since April 18, 2016 and is uptrending. It has outperformed by 48.69% the S&P500.
The move comes after 9 months negative chart setup for the $28.59 million company. It was reported on Nov, 18 by Barchart.com. We have $1.94 PT which if reached, will make NASDAQ:CHNR worth $4.00 million less.

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 important recent China Natural Resources Inc (NASDAQ:CHNR) news were published by: Prnewswire.com which released: “China Natural Resources Releases Interim Results Of Operations” on November 17, 2016, also Prnewswire.com published article titled: “China Natural Resources, Inc. Completed Spin-off And Listing Of Coal-mining …”, 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) was released by: Equitiesfocus.com and their article: “China Natural Resources, Inc. (NASDAQ:CHNR) Reports Basic Consolidated EPS At …” with publication date: November 07, 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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