Gulf Resources Inc GURE.NASDAQ Chart and Quote
GURE Today's High:
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$0.605
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GURE Shares One Week Perf:
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-2.02 %
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GURE Today's Low: |
$ 0.56 |
GURE Shares 30 Day Performance: |
-9.06 % |
Number of GURE Shares Traded (M): |
19 |
GURE Share Price 52 Wk High: |
$ 1.65 |
Value of GURE's Shares Traded (M$): |
$ 11 |
GURE Share Price 52 Wk Avg: |
$0.80 |
Share Price at the Open: |
$0.56 |
GURE's Share Price 52 Wk Low: |
$0.50 |
Gulf Resources Inc shares declined -61.22% from a year ago, this brings the share price to -19.61% during the Q2 of 2025. Gulf Resources Inc shares trade only 14% above its 52 week low.
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GURE Company Profile >> Share performance within Chemical Manufacturing Industry >> Compare GURE to its Benchmarks |
News about Gulf Resources Inc's Stock Splits and Dividends |
October 31, 2024
Gulf Resources Stands at a Crossroads: Compliance Challenges and Shareholder ImplicationsSHOUGUANG, China In recent weeks, Gulf Resources, Inc. (Nasdaq: GURE) has found itself in a precarious situation as it grapples with a series of non-compliance notices from Nasdaq, raising concerns among shareholders and market analysts alike. The company, a prominent manufacturer of bromine, crude salt, and specialty chemical products in China, has faced difficulties in maintaining compliance with the regulatory requirements set by the Nasdaq Stock Market LLC. This narrative begins with the recent issuance of a Letter to Shareholders on October 31, 2024, where Gulf Resources attempted to address stakeholders directly, providing insight into the company s current operations and future aspirations. However, the letter comes at a time when the company has already been in a defensive posture, responding to challenges associated with its corporate governance and timely reporting obligations.In a troubling sequence of events, Gulf Resources first received a non-compliance notice back in April 2024, when it failed to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. This was followed by a similar notification in May 2024 regarding its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. Each of these notices detailed the company s deviation from Nasdaq Listing Rule 5250(c)(1), which mandates the punctual filing of periodic reports to ensure transparency and reliability for investors.
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May 22, 2024
Gulf Resources Inc. s Failure to File Quarterly Report Raises Concerns for Shareholders SHOUGUANG, China, May 22, 2024 - Gulf Resources Inc. (NASDAQ: GURE), a leading manufacturer of bromine, crude salt, and specialty chemical products in China, recently announced that it has received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) regarding its failure to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024, with the Securities and Exchange Commission (SEC). This non-compliance with Nasdaq s listing requirements under Nasdaq Listing Rule 5250(c)(1) has raised concerns among shareholders about the future of the company. The Notice from Nasdaq highlights the importance of timely filing all required periodic reports with the SEC. Gulf Resources failure to do so has put the company at risk of being delisted from the Nasdaq stock exchange, which could have far-reaching consequences for both the company and its shareholders.
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April 19, 2024
Gulf Resources, Inc. (NASDAQ: GURE), a prominent manufacturer of bromine, crude salt, and specialty chemical products in China, has recently announced its receipt of a non-compliance notice from The Nasdaq Stock Market LLC. The notice, issued by the Listing Qualifications Department, highlights Gulf Resources failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. As a consequence, the company is now deemed to be non-compliant with Nasdaq s continued listing requirements under Nasdaq Listing Rule 5250(c)(1), which mandates the timely submission of all necessary periodic reports to the Securities and Exchange Commission (SEC). The non-compliance notice from Nasdaq presents a concerning development for Gulf Resources, as it puts the company s listing on the stock exchange at risk. Swift action is required to rectify this situation and ensure compliance with Nasdaq s rules. Gulf Resources must address the delayed filing of its 2023 Form 10-K promptly to mitigate any potential adverse consequences.
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February 9, 2024
Gulf Resources Provides Update on Yuxin Chemical Factory in Shouguang, China On February 9, 2024, Gulf Resources Inc. released a press statement updating shareholders on the current status of the Yuxin Chemical factory in Shouguang, China. The company, known for its production of bromine, crude salt, and specialty chemical products, expressed a desire to keep stakeholders informed of recent developments at the factory. As of the writing of this article, Gulf Resources Inc. s share price stands at $1.22. Over the past year, Gulf Resources Inc. shares have seen a decrease of -65.62%. Despite this decline, the company remains committed to transparency and ongoing communication with investors.
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