Shares of Danakali Limited (OTCMKTS:SBMSF – Get Free Report) dropped 7.1% during mid-day trading on Wednesday . The stock traded as low as $0.13 and last traded at $0.13. Approximately 11,277 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 147,342 shares. The stock had previously closed at $0.14.
Danakali Price Performance
The company has a 50-day moving average of $0.17 and a 200 day moving average of $0.18.
About Danakali
Danakali Limited, together with its subsidiaries, operates as an exploration and development company in Australia and Africa. The company was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015. The company was incorporated in 2001 and is headquartered in North Perth, Australia.
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