Danakali Limited (LON:DNK – Get Free Report)’s share price rose 4,551.2% during trading on Wednesday . The stock traded as high as GBX 20.50 ($0.27) and last traded at GBX 20 ($0.26). Approximately 1,704 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 15,690 shares. The stock had previously closed at GBX 0.43 ($0.01).
Danakali Stock Up 4,551.2 %
The firm’s 50-day simple moving average is GBX 20 and its 200 day simple moving average is GBX 20. The stock has a market capitalization of £73.67 million and a P/E ratio of -18.18.
Danakali Company Profile
Danakali Limited engages in the exploration of minerals in Eritrea, East Africa. It focuses on the development of the Colluli potash project located in the Danakil Depression region of Eritrea. The company was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015.
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