Gulf Resources (GURE) Releases Quarterly Earnings Results

Gulf Resources (NASDAQ:GURE) posted its quarterly earnings results on Monday. The specialty chemicals company reported ($0.10) EPS for the quarter, reports. Gulf Resources had a negative net margin of 906.23% and a negative return on equity of 5.20%. The business had revenue of $0.04 million during the quarter.

Shares of NASDAQ GURE traded up $0.01 during midday trading on Tuesday, hitting $1.25. The company’s stock had a trading volume of 4,923 shares, compared to its average volume of 38,567. Gulf Resources has a 1-year low of $0.65 and a 1-year high of $1.49. The company has a quick ratio of 71.40, a current ratio of 71.40 and a debt-to-equity ratio of 0.01.

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About Gulf Resources

Gulf Resources, Inc, through its subsidiaries, manufactures and trades in bromine, crude salt, chemical products, and natural gas in the People's Republic of China. It provides bromine for use in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.

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Earnings History for Gulf Resources (NASDAQ:GURE)

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