• LAST PRICE
    0.5700
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.5005/ 1
  • Ask / Lots
    0.5757/ 4
  • Open / Previous Close
    --- / 0.5700
  • Day Range
    ---
  • 52 Week Range
    Low 0.5100
    High 1.7900
  • Volume
    ---
    below average

Search Criteria

Filter search criteria using below inputs

Click on magnifying glass icon to search

Search Criteria - - - Stocks (0)
CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • Nov 20, 2024

  • Nov 19, 2024

      Show headlines and story abstract
    • 4:45PM ET on Tuesday Nov 19, 2024 by Dow Jones
      Companies Mentioned: GURE
      factory overheads incurred during plant shutdown (1,736,345) (1,007,689) (7,185,537) (4,471,954) General and administrative expenses (1,002,529) (762,884) (2,409,957) (2,266,260) Other operating income (loss) -- -- -- 60,134 ---------- ---------- ----------- ----------- TOTAL OPERATING COSTS AND EXPENSE (6,823,974) (8,158,903) (20,930,621) (27,185,348) ---------- ---------- ----------- ----------- PROFIT (LOSS) FROM OPERATIONS (4,581,609) (2,293,288) (14,998,025) (4,011,944) OTHER INCOME (EXPENSE) Interest expense (21,191) (23,791) (70,835) (81,322) Interest income 6,220 57,758 77,071 201,127 Other expenses (income) -- -- (29,173,011) -- ---------- ---------- ----------- ----------- INCOME(LOSS) BEFORE TAXES (4,596,580) (2,259,321) (44,164,800) (3,892,139) INCOME TAX BENEFIT (EXPENSE) 1,103,697 483,524 3,581,867 876,779 ---------- ---------- ----------- ----------- NET PROFIT (LOSS) $(3,492,883) $(1,775,797) $(40,582,933) $ (3,015,360) ========== ========== =========== =========== COMPREHENSIVE INCOME (LOSS) NET PROFIT (LOSS) $(3,492,883) $(1,775,797) $(40,582,933) $ (3,015,360) OTHER COMPREHENSIVE (LOSS) INCOME - Foreign currency translation adjustments 3,102,876 2,247,978 1,859,755 (7,879,513) ---------- ---------- ----------- ----------- TOTAL COMPREHENSIVE (LOSS) INCOME $ (390,007) $ 472,181 $(38,723,178) $(10,894,873) ========== ========== =========== =========== BASIC AND DILUTED EARNINGS (LOSS) PER SHARE: $ (0.33) $ (0.17) $ (3.78) $ (0.29) BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES: 10,726,924 10,431,924 10,726,924 10,431,924 GULF RESOURCES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Expressed in U.S. dollars) (UNAUDITED) Nine-Month Period Ended September 30, 2024 2023 ------------- --------------- CASH FLOWS FROM OPERATING ACTIVITIES Net income(loss) $(40,582,933) $ (3,015,360) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Amortization on capital lease 70,835 80,252 Depreciation and amortization 14,037,554 15,385,624 Unrealized translation difference -- 165,444 Deferred tax asset (3,615,091) (1,002,511) Amortization of right-of-use asset 659,509 -- Loss on disposal of equipment 29,169,008 -- Changes in assets and liabilities: Accounts receivable 3,677,653 3,132,796 Inventories 153,371 718,994 Prepayments and deposits 171,305 (3,947,311) Advance from customers (42,545) -- Other receivables (86,423) -- Accounts and Other payable and accrued expenses (2,685,766) (1,503,845) Amount due to related Parties -- -- Taxes payable (330,299) (229,600) Operating lease (889,641) 85,129 ----------- ----------- Net cash (used in) provided by operating activities (293,463) 9,869,612 ----------- ----------- CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (60,526,213) (15,197,648) ----------- ----------- Net cash from investing activities (60,526,213) (15,197,648) ----------- ----------- CASH FLOWS USED IN FINANCING ACTIVITIES Repayment of finance lease obligation (264,094) (267,810) ----------- ----------- Net cash used in financing activities (264,094) (267,810) ----------- ----------- EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 97,369 1,144,609 ----------- ----------- NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (60,986,401) (4,451,237) CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 72,223,894 108,226,214 ----------- ----------- CASH AND CASH EQUIVALENTS - END OF PERIOD $ 11,237,493 $103,774,977 =========== =========== Periods Ended September 30, --------------------------------- 2024 2023 ---------------- --------------- SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Cash paid during the nine-month period ended September 30, 2024 for: Paid for taxes $ 1,013,382 $ 4,930,601 Interest on finance lease obligation $ 70,835 $ 80,252 ============ ============ SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
    • 4:45PM ET on Tuesday Nov 19, 2024 by Dow Jones
      Companies Mentioned: GURE