Company’s 36-month beta value is 0.74.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CHNR is 3.66M, and currently, short sellers hold a 0.62% ratio of that floaft. The average trading volume of CHNR on April 23, 2024 was 1.19M shares.
CHNR) stock’s latest price update
China Natural Resources Inc (NASDAQ: CHNR)’s stock price has gone decline by -4.00 in comparison to its previous close of 1.00, however, the company has experienced a -13.51% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-02-15 that China Natural Resources (NASDAQ: CHNR ) stock is taking off on Thursday despite a lack of news from the Chinese mining company this morning. Instead, heavy trading is behind the rally.
CHNR’s Market Performance
CHNR’s stock has fallen by -13.51% in the past week, with a monthly drop of -20.00% and a quarterly drop of -15.12%. The volatility ratio for the week is 8.03% while the volatility levels for the last 30 days are 8.06% for China Natural Resources Inc The simple moving average for the past 20 days is -18.23% for CHNR’s stock, with a -41.45% simple moving average for the past 200 days.
CHNR Trading at -23.11% from the 50-Day Moving Average
After a stumble in the market that brought CHNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.15% of loss for the given period.
Volatility was left at 8.06%, however, over the last 30 days, the volatility rate increased by 8.03%, as shares sank -20.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.39% upper at present.
During the last 5 trading sessions, CHNR fell by -13.74%, which changed the moving average for the period of 200-days by -53.74% in comparison to the 20-day moving average, which settled at $1.1619. In addition, China Natural Resources Inc saw -39.74% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CHNR
Current profitability levels for the company are sitting at:
- -2.43 for the present operating margin
- 0.33 for the gross margin
The net margin for China Natural Resources Inc stands at -2.26. The total capital return value is set at -0.02. Equity return is now at value -55.33, with -8.31 for asset returns.
Based on China Natural Resources Inc (CHNR), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is -11.43.
Currently, EBITDA for the company is -12.63 million with net debt to EBITDA at -7.9. When we switch over and look at the enterprise to sales, we see a ratio of 22.15. The receivables turnover for the company is 0.01for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In a nutshell, China Natural Resources Inc (CHNR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
