China Natural Resources ( (CHNR) ) has released a notification of late filing.
China Natural Resources, Inc. has announced a delay in filing its Annual Report on Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The primary reason for this delay is the recent appointment of ARK Pro CPA & Co as the company’s independent registered public accounting firm, which requires additional time to audit the consolidated financial statements. The company anticipates filing the report within fifteen calendar days following the original due date. There are no expected significant changes in financial results from the previous year, and the company is committed to complying with all regulatory requirements. The notification was signed by Wong Wah On Edward, the Chairman and CEO.
Spark’s Take on CHNR Stock
According to Spark, TipRanks’ AI Analyst, CHNR is a Neutral.
China Natural Resources’ overall stock score reflects significant challenges in financial performance, particularly in revenue and profitability. Despite a moderately stable balance sheet and improved cash flows, the lack of earnings and bearish technical indicators weigh heavily against the company’s stock. Valuation is also a concern due to the absence of P/E ratio and dividend yield, making it less attractive to investors.
To see Spark’s full report on CHNR stock, click here.
More about China Natural Resources
YTD Price Performance: -20.49%
Average Trading Volume: 48,105
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.4M
Find detailed analytics on CHNR stock on TipRanks’ Stock Analysis page.