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China Natural Resources ( (CHNR) ) has provided an announcement.
China Natural Resources has been granted a second 180-day extension by Nasdaq to regain compliance with the minimum bid price requirement of $1.00 for its shares. The company is considering options to address this issue by the June 30, 2025 deadline. Failure to comply could lead to delisting from the Nasdaq Capital Market, affecting its financial operations and market presence.
More about China Natural Resources
China Natural Resources Inc. is a holding company operating in the exploration and mining industry. It focuses on acquiring and exploiting mining rights in Inner Mongolia, exploring for lead, silver, and other nonferrous metals. The company is also exploring opportunities in the healthcare sector and other non-natural resource areas. Notably, it has agreed to acquire Williams Minerals, a lithium mine operator in Zimbabwe, for up to $1.75 billion.
YTD Price Performance: -5.52%
Average Trading Volume: 67,060
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $6.41M
Find detailed analytics on CHNR stock on TipRanks’ Stock Analysis page.
