The China Natural Resources (NASDAQ:CHNR) Share Price Is Down 46% So Some Shareholders Are Getting Worried [Yahoo! Finance News]
China Natural Resources, Inc. - Common Shares (CHNR)
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Source: Yahoo! Finance News
The China Natural Resources (NASDAQ:CHNR) Share Price Is Down 46% So Some Shareholders Are Getting Worried Over the last month the China Natural Resources, Inc. NASDAQ:CHNR See our latest analysis for China Natural Resources We don't think China Natural Resources's revenue of CN¥1,403,000 is enough to establish significant demand. We can't help wondering why it's publicly listed so early in its journey. Are venture capitalists not interested? As a result, we think it's unlikely shareholders are paying much attention to current revenue, but rather speculating on growth in the years to come. For example, investors may be hoping that China Natural Resources finds some valuable resources, before it runs out of money. As a general rule, if a company doesn't have much revenue, and it loses money, then it is a high risk investment. You should be aware that there is always a chance that this sort of company will need to issue more shares to raise money to continue pursuing its business plan.
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News
- China Natural Resources, Inc. (NASDAQ: CHNR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- China Natural Resources, Inc. (NASDAQ: CHNR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- China Natural Resources, Inc. (NASDAQ: CHNR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- China Natural Resources, Inc. (NASDAQ: CHNR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- China Natural Resources, Inc. (NASDAQ: CHNR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
CHNR
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 6-K
- CHNR's page on the SEC website