Gulf Resources Inc. (GURE) shares continued to power higher on Monday, gaining 27%, after strong Q1 results reported Friday.
Shares of the manufacturer of specialty products in China rose to $2.26 per share Monday after gaining 11% after hours on Friday. The stock is trading near the top end of the 52-week spread between $1.04 and $3.20.
Net income was $4.3 million, or $0.11 per basic and diluted share, compared to $1.9 million, or $0.05 a year ago.
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