Somewhat Favorable News Coverage Somewhat Unlikely to Affect China Natural Resources (CHNR) Stock Price
Media stories about China Natural Resources (NASDAQ:CHNR) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. China Natural Resources earned a news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 46.7838377584221 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, ValuEngine downgraded shares of China Natural Resources from a “hold” rating to a “sell” rating in a research report on Thursday, November 16th.
China Natural Resources (CHNR) traded up $0.14 on Wednesday, hitting $2.57. 35,000 shares of the company traded hands, compared to its average volume of 47,044. China Natural Resources has a 52-week low of $1.88 and a 52-week high of $3.45.
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China Natural Resources, Inc is a holding company. The Company 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 Company operates through exploration and mining-non-ferrous metals segment.
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