China Natural Resources Inc (NASDAQ: CHNR) has seen a rise in its stock price by 11.34 in relation to its previous close of 0.67. However, the company has experienced a 10.21% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-06 that HONG KONG, Jan. 6, 2025 /PRNewswire/ — China Natural Resources Inc. (NASDAQ: CHNR) (the “Company”) today announced that on January 3, 2025, the Company has been granted an additional 180-day period from Nasdaq’s Listing Qualifications Department, through June 30, 2025, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Company’s common shares continue to trade on the Nasdaq Capital Market under the symbol “CHNR.
Is It Worth Investing in China Natural Resources Inc (NASDAQ: CHNR) Right Now?
Company’s 36-month beta value is 0.62.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 3.54M, and currently, short sellers hold a 2.32% ratio of that floaft. The average trading volume of CHNR on January 10, 2025 was 58.40K shares.
CHNR’s Market Performance
CHNR’s stock has seen a 10.21% increase for the week, with a 23.24% rise in the past month and a -14.13% fall in the past quarter. The volatility ratio for the week is 12.65%, and the volatility levels for the past 30 days are at 9.42% for China Natural Resources Inc The simple moving average for the past 20 days is 20.81% for CHNR’s stock, with a -3.31% simple moving average for the past 200 days.
CHNR Trading at 17.20% 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 -91.56% of loss for the given period.
Volatility was left at 9.42%, however, over the last 30 days, the volatility rate increased by 12.65%, as shares surge +19.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.33% upper at present.
During the last 5 trading sessions, CHNR rose by +10.21%, which changed the moving average for the period of 200-days by -37.74% in comparison to the 20-day moving average, which settled at $0.6184. In addition, China Natural Resources Inc saw 10.21% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CHNR
The total capital return value is set at -0.17.
Currently, EBITDA for the company is -12.34 million with net debt to EBITDA at 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
In a nutshell, China Natural Resources Inc (CHNR) has experienced a mixed 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.
