China Natural Resources (CHNR) has released an update.
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China Natural Resources, Inc. has been notified by Nasdaq of non-compliance with the minimum bid price requirement as its share price fell below $1 for 30 consecutive days. The company has until January 2, 2025, to meet the standard or may potentially receive an additional grace period. Despite this, shares will continue to trade on the Nasdaq as the company seeks to rectify the situation.
For further insights into CHNR stock, check out TipRanks’ Stock Analysis page.