Gulf Resources, Inc. (NASDAQ:GURE) is reporting third quarter earnings results on Monday 16th November 2020, after market close.
Previous Quarter Performance
Gulf Resources, Inc. revealed loss for the second quarter of $ 0.24 per share, from the revenue of $ 5.36 million.
Stock Performance
On Friday, shares of Gulf Resources, Inc. has traded high as $ 4.95 and has cracked $ 4.71 on the downward trend, reaching $ 4.90 with volume of 10.70 thousand shares.
According to the previous trading day, closing price of $ 4.90, representing a 112.89 % increase from the 52 week low of $ 2.25 and a 25.39 % decrease over the 52 week high of $ 6.42.
The company has a market capital of $ 46.64 million and is part of the Basic Materials sector and Specialty Chemicals industry.
Gulf Resources, Inc., through its subsidiaries, manufactures and trades in bromine, crude salt, chemical products, and natural gas in the Peoples Republic of China. It provides bromine for use in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. The company also offers crude salt for use as a material in alkali and chlorine alkali production; and for use in the chemical, food and beverage, and other industries.
