China Natural Resources Appoints New Auditor ARK Pro CPA & Co

China Natural Resources ( (CHNR) ) has provided an update.

China Natural Resources, Inc. announced the appointment of ARK Pro CPA & Co as its new independent registered public accounting firm for the fiscal year ended December 31, 2024, effective April 8, 2025. This change follows the dismissal of Ernst & Young Hua Ming LLP on April 3, 2025, and is part of a strategic decision to ensure a seamless transition in its financial auditing processes. The appointment of ARK, a firm registered with the PCAOB, is expected to bolster the company’s compliance with auditing standards and potentially enhance its financial reporting credibility.

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

China Natural Resources, Inc. operates in the natural resources industry, focusing on the exploration and development of mineral properties. The company is primarily involved in the mining sector, with a market focus on leveraging its resources to enhance its operational capabilities.

YTD Price Performance: -24.64%

Average Trading Volume: 70,206

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.3M

For an in-depth examination of CHNR stock, go to TipRanks’ Stock Analysis page.