Gulf Resource Stock Price, News & Analysis

Gulf Resources (NASDAQ:GURE) updated investors on its Nasdaq hearing process and current trading status.

The company received a Nasdaq hearing notice scheduling an oral hearing for December 9, 2025 at 9:00 a.m. ET. After a 1-for-10 reverse stock split effective October 27, 2025, GURE reported a closing bid at or above $1.00 for more than ten consecutive trading days as of November 10, 2025. The company submitted a request to cancel the hearing, believing it has regained compliance, subject to its Listing Analyst review and confirmation. Trading of GURE was suspended on November 11, 2025. The company will provide updates on any material developments and is preparing for the scheduled hearing while meeting Nasdaq deadlines.

Gulf Resources (Nasdaq: GURE) will implement a 1-for-10 reverse stock split effective 12:01 a.m. ET on October 27, 2025. Trading on a split-adjusted basis will begin when markets open on October 27, 2025, and the company will continue to trade under the symbol GURE. The new CUSIP will be 40251W507. The reverse split was authorized at the annual meeting on September 9, 2025, and the board set the final ratio on October 10, 2025.

The split will reclassify every 10 pre-split shares into one post-split share, reducing outstanding shares from approximately 13.63 million to approximately 1.36 million. Fractional shares will be rounded up to whole shares. The action is intended to increase the bid price to enable regain of Nasdaq minimum bid price compliance.

Gulf Resources (NASDAQ:GURE), a Chinese manufacturer of bromine, crude salt, and specialty chemicals, reported significant improvements in Q2 2025. Net revenue surged 250% to $8.34 million, with bromine sales increasing 313% to $7.68 million. The company reduced its net loss to $773,777 ($0.06 per share) from $33.1 million ($3.09 per share) in the previous year.

Bromine pricing showed volatility during Q2, ranging from RMB 37,500 to RMB 23,100 per tonne, but has since recovered to RMB 29,200. The company's operational metrics improved with bromine volume up 152% to 1,972 tonnes and crude salt volume increasing 4% to 25,934 tonnes. The chemicals and natural gas segments remain non-operational while awaiting better market conditions.

Gulf Resources (NASDAQ: GURE) reported its Q1 2025 unaudited financial results, showing mixed performance. Net revenues increased 23% to $1.6 million, while net loss widened to $4.63 million ($0.40 per share) compared to $3.99 million ($0.37 per share) in Q1 2024. The company's bromine segment saw a 45% price increase to $3,684 per tonne, though utilization remained low at 11%. All facilities were closed for winter from December 15, 2024, to February 12, 2025. The company maintains a solid balance sheet with $8.52 million in cash and book value per share of $10.68.

Gulf Resources (NASDAQ: GURE), a Chinese manufacturer of bromine, reported significant challenges in its bromine segment for 2024, with a net loss of $8.2 million on revenues of $5.5 million. The segment was impacted by two main factors: depressed bromine prices averaging RMB 17,561 (down 27.1% from 2023 and 67.3% from 2022) and intentionally reduced sales volume (down 71.7% year-over-year).

The company's cost per tonne increased by 83.4% due to fixed costs being spread across lower production. However, recent market conditions show improvement, with bromine prices rising from RMB 21,900 in early 2025 to RMB 37,500 in April 2025, representing a 61.9% increase. The company expects profitability to return at current price levels and anticipates potential reopening of Factories #2 and #10.

Gulf Resources (NASDAQ: GURE) announced the acquisition of five salt fields totaling 5,141,000 square meters for RMB 280,762,400. The purchase terms include 80% cash payment and 20% in stock, with final stock terms under negotiation. The company expects these acquisitions to enhance crude salt production and enable additional bromine well drilling, with projected cash-on-cash returns within 4-5 years. Management views this as a strategic investment amid China's economic recovery, prioritizing it over chemical plant equipment delivery due to better anticipated returns.

Gulf Resources (GURE) provides a detailed analysis of its bromine segment economics. The company experienced significant price fluctuations, with bromine prices peaking at RMB 69,500 in October 2021 before declining to RMB 17,323 in Q3 2024, though recently recovering to RMB 22,400. Due to price declines, management strategically sales to protect mineral assets. Production volumes decreased substantially, with Q3 sales dropping from 2,655 tonnes in 2022 to 655.8 tonnes in 2024, causing utilization rates to fall from 34% to 8%. This led to higher per-tonne costs, rising from $2,773 to $5,709, as fixed costs were spread over fewer units.

Gulf Resources (NASDAQ: GURE) reported significant declines in its Q3 2024 financial results. Revenue dropped 61.8% to $2.24 million, with bromine revenue falling 68% to $1.57 million and crude salt revenue declining 26% to $0.65 million. The company posted a net loss of $3.49 million ($0.33 per share). For the nine months ended September 30, 2024, revenue decreased 74.4% to $5.93 million, with a net loss of $40.58 million ($3.78 per share). Cash position declined to $11.24 million from $72.22 million as of December 31, 2023. The company incurred a $29.17 million loss from equipment disposition while purchasing $60.53 million in new equipment.

Gulf Resources (Nasdaq:GURE), a leading manufacturer of bromine, crude salt and specialty chemical products in China, has announced a conference call scheduled for Wednesday, November 20, 2024, at 08:00 AM Eastern Time. The call will discuss Third Quarter 2024 results for the period ended September 30, 2024. CEO Xiaobin Liu will host the call, and management will be available for investor questions. Participants can join via phone using toll-free number +1 (888) 506-0062 (US) or +1 (973) 528-0011 (International) with Participant Access Code: 287986. A replay will be available until November 27, 2024.