SHOUGUANG CITY, China, May 16, 2011 /PRNewswire-Asia-FirstCall/ -- Gulf Resources, Inc. (NASDAQ: GFRE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Tuesday, May 17, 2011 at 7:00 AM Eastern Time to discuss its financial results for the first quarter 2011 ended March 31, 2011. Hosting the call will be Mr. Xiaobin Liu, CEO of Gulf Resources and Mr. Crocker Coulson, President of CCG Investor Relations. The Company's management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial +1 (877) 275-8968 five to ten minutes prior to the scheduled conference call time. International callers should call +1 (706) 643-1666. The conference participant pass code is 67975864. A replay of the conference call will be available for 14 days starting from 9:00 AM ET on Tuesday, May 17, 2011. To access the replay, call +1 (800) 642-1687. International callers should call +1 (706) 645-9291. The pass code is 67975864. This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on http://www.gulfresourcesinc.cn/events.html. Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a 90-day replay will be available shortly after the call by accessing the same link. About Gulf Resources, Inc. Gulf Resources, Inc. operates through two wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company Limited ("SCHC") and Shouguang Yuxin Chemical Industry Co., Limited ("SYCI"). The Company believes that it is one of the largest producers of bromine in China. Elemental Bromine is used to manufacture a wide variety of compounds utilized in industry and agriculture. Through SYCI, the Company manufactures chemical products utilized in a variety of applications, including oil & gas field explorations and as papermaking chemical agents. For more information about the Company, please visit www.gulfresourcesinc.cn. Gulf Resources, Inc.Helen XuEmail: firstname.lastname@example.orgWeb: http://www.gulfresourcesinc.cnCCG Investor Relations Inc.Linda Salo, Account ManagerPhone: +1-646-922-0894Email: email@example.com Crocker Coulson, PresidentPhone: +1-646-213-1915Email: firstname.lastname@example.orgWeb: http://www.ccgirasia.com SOURCE Gulf Resources, Inc.
Shares of Gulf Resources (Nasdaq:GFRE) have taken a tremendous swing upward. The stock is trading at $3.47 as of 3:51 p.m. ET, 20.1% above Monday's closing price of $2.89. Volume is at one million, 0.6 times the daily average of 1.7 million.
Gulf Resources (Nasdaq:GFRE) is trading at unusually high volume Wednesday with 5.2 million shares changing hands. It is currently at four times its average daily volume and trading up 19 cents (+4.5%).
Shares of Gulf Resources (Nasdaq:GFRE) were gapping up Tuesday morning with an open price 22.4% higher than Monday's closing price. The stock closed at $3.03 yesterday and opened today's trading at $3.71.