The stock of Gulf Resources (GURE, Financial) recently experienced a significant decline, dropping 7.31%. The shares are now priced at $0.673 with a trading volume of 18,942 shares and a turnover rate of 0.18%. The stock's price fluctuation reached 8.27%.
In its latest financial report, Gulf Resources reported a revenue of $2.38 million, a net loss of $33.10 million, and an earnings per share of -$3.09. The company's gross profit was -$2.93 million, with a price-to-earnings ratio of -0.07. Currently, no institutions have issued buy, hold, or sell ratings for the stock.
Within the chemical products industry, where Gulf Resources operates, there has been an overall decline of 0.38%. Notable performers in this sector include Rayonier Advanced Materials Inc., Westlake Chemical Partners Lp, and Origin Materials, Inc., which have seen significant gains. Meanwhile, Asp Isotopes Inc., Green Plains Energy, and Rayonier Advanced Materials Inc. are showing active trading with turnover rates of 2.74%, 0.60%, and 0.46%, respectively. Stocks with notable price fluctuations include Origin Materials, Gulf Resources, and Valhi Chemical, with volatility rates of 13.05%, 10.68%, and 8.27%.
Gulf Resources Ltd. is a holding company engaged in the production and trade of bromine, crude salt, and natural gas. It also manufactures and sells chemicals for oil and gas exploration, distribution, drilling, wastewater treatment, and paper manufacturing, as well as inorganic chemical products. The company is divided into four segments: bromine, crude salt, chemical products, and natural gas, with the bromine segment being its largest revenue contributor. Bromine is typically used in flame retardants, fumigants, water purification compounds, dyes, pharmaceuticals, and disinfectants.
