GURE Stock Summary and Trading Ideas (Gulf Resources | NASDAQ:GURE)

Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines and disinfectants.

Gulf Resources trades on the NASDAQ stock market under the symbol GURE.

As of March 4, 2025, GURE stock price declined to $0.67 with 1,398 million shares trading.

GURE has a beta of -0.15, meaning it tends to be less sensitive to market movements. GURE has a correlation of 0.00 to the broad based SPY ETF.

GURE has a market cap of $7.19 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, GURE traded as high as $4.95 and as low as $.50.

GURE has underperformed the market in the last year with a price return of -52.1% while the SPY ETF gained +13.9%. However, in the short term, GURE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +30.8% vs -4.2% return in SPY. But in the last 2 weeks, GURE shares have been beat by the market, returning -13.9% compared to an SPY return of -5.4%.

GURE support price is $.66 and resistance is $.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GURE shares will trade within this expected range on the day.