The stock has a 36-month beta value of 0.79. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CHNR is 3.54M, and at present, short sellers hold a 1.22% of that float. On October 14, 2024, the average trading volume of CHNR was 103.18K shares.
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CHNR) stock’s latest price update
The stock price of China Natural Resources Inc (NASDAQ: CHNR) has jumped by 11.68 compared to previous close of 0.72. Despite this, the company has seen a gain of 12.24% in its stock price over the last five trading days. prnewswire.com reported 2024-07-11 that HONG KONG, July 11, 2024 /PRNewswire/ — On July 5, 2024, China Natural Resources, Inc. (NASDAQ: CHNR) (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Capital Market (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company’s common shares was below the minimum of $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
CHNR’s Market Performance
China Natural Resources Inc (CHNR) has experienced a 12.24% rise in stock performance for the past week, with a 32.69% rise in the past month, and a 6.53% rise in the past quarter. The volatility ratio for the week is 20.63%, and the volatility levels for the past 30 days are at 15.20% for CHNR. The simple moving average for the past 20 days is 10.92% for CHNR’s stock, with a -15.60% simple moving average for the past 200 days.
CHNR Trading at 23.95% 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 -90.87% of loss for the given period.
Volatility was left at 15.20%, however, over the last 30 days, the volatility rate increased by 20.63%, as shares surge +25.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.61% upper at present.
During the last 5 trading sessions, CHNR rose by +12.24%, which changed the moving average for the period of 200-days by -47.86% in comparison to the 20-day moving average, which settled at $0.7285. In addition, China Natural Resources Inc saw -49.27% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CHNR
The total capital return value is set at -0.17.
Based on China Natural Resources Inc (CHNR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 37.02.
Currently, EBITDA for the company is -12.34 million with net debt to EBITDA at 0.36.
Conclusion
To sum up, China Natural Resources Inc (CHNR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
