Danakali Limited (OTCMKTS:SBMSF – Get Free Report)’s stock price dropped 4.4% during mid-day trading on Thursday . The stock traded as low as $0.12 and last traded at $0.12. Approximately 2,495 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 17,300 shares. The stock had previously closed at $0.12.
Danakali Stock Performance
The firm has a fifty day moving average price of $0.14 and a 200 day moving average price of $0.16.
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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