Streetbeat News

CHNR

China Natural Resources, Inc.

https://www.chnr.net

Industry

Waste Management

China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering, procurement, and construction services related to wastewater treatment. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.

Open

0.64

Mkt cap

6.8M

Volume

51K

High

0.73

P/E Ratio

-4.94

52-wk high

8.85

Low

0.64

Div yield

N/A

52-wk low

0.55

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Portfolio Pulse from Avi Kapoor

April 23, 2024 | 12:00 pm

China Natural Resources (NYSE:CHNR) has seen a 21.95% increase in short interest since its last report, with 13 thousand shares sold short, representing 0.5% of its float. This indicates a bearish market sentiment, although it's below the peer group average of 4.45% short interest. The article suggests that while increased short interest can signal bearish sentiment, it doesn't necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:15 pm

U.S. stocks traded lower with the Nasdaq Composite down 0.5%. Materials shares rose by 0.8%, while communication services fell by 1.4%. TreeHouse Foods (THS) shares fell 16% due to poor Q4 revenue and a disappointing FY24 outlook. The Trade Desk (TTD), PRA Group (PRAA), and Fusion Fuel Green (HTOO) saw significant gains. China Natural Resources (CHNR), Bloom Energy (BE), and Cooper-Standard Holdings (CPS) experienced sharp declines. Oil and gold prices rose, with oil up 1.4% and gold up 0.4%.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 8:54 pm

U.S. stocks traded lower with the Nasdaq down 50 points. TreeHouse Foods shares fell 14% after reporting Q4 revenue below estimates and a disappointing FY24 outlook. The Trade Desk, PRA Group, and Fusion Fuel Green saw shares rise following their financial results. Conversely, China Natural Resources, Bloom Energy, and Cooper-Standard Holdings experienced significant drops after their reports. Oil and gold prices saw slight increases.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 6:04 pm

DoorDash shares fell by 12.2% after reporting mixed Q4 results and providing Q1 guidance. Other stocks showed significant movements, with Gaxos.ai surging 444% after announcing an AI solution for game developers, and Fusion Fuel Green climbing 157% following European Commission approval for its project. Losers included China Natural Resources, dropping 48% after a direct placement announcement, and Bloom Energy, falling 24% due to disappointing Q4 results.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 6:04 pm

China Natural Resources, Inc. (CHNR) announced a $3.27 million registered direct placement, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 3:56 pm

China Natural Resources Inc (NASDAQ:CHNR) stock plummeted by 42% to $2.00 after announcing a direct placement of $3.27 million worth of shares at $2.20 each to institutional investors. The deal includes warrants exercisable for up to 1,115,903 shares at $3.00 each, with a 42-month term. The offering, set to close around February 21, 2024, aims to raise funds for general working capital. FT Global Capital, Inc. is the exclusive placement agent.

Portfolio Pulse from Henry Khederian

February 16, 2024 | 2:59 pm

U.S. stocks were mostly lower with the Dow Jones falling by 150 points due to a rise in U.S. producer prices by 0.3% in January, marking the biggest increase in five months. Information technology shares rose by 0.6%, while real estate shares fell by 1.3%. Gaxos.ai Inc., Pop Culture Group Co., Ltd, and Fusion Fuel Green PLC saw significant stock price increases due to positive company developments. Conversely, China Natural Resources, Inc., Hepion Pharmaceuticals, Inc., and Dunxin Financial Holdings Limited experienced notable declines.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 2:42 pm

China Natural Resources, Inc. (CHNR) has announced a registered direct placement of $3.27 million of common shares at $2.20 per share and a concurrent private placement of warrants. The offering includes 1,487,870 common shares and warrants exercisable for up to 1,115,903 shares at $3.00 each, with a 42-month term. The net proceeds will be used for general working capital purposes, with the offering's completion expected around February 21, 2024. FT Global Capital, Inc. served as the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 2:30 pm

Herbalife Ltd. (NYSE:HLF) shares plummeted by approximately 36% due to disappointing quarterly earnings, missing market expectations. The article also highlights significant movements in other stocks during Thursday's mid-day session, including notable gainers like JX Luxventure Limited and losers such as Treasure Global Inc.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 6:20 pm

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