Danakali (LON:DNK) Trading Up 4,551.2%

Danakali Limited (LON:DNKGet Free Report) shares were up 4,551.2% during mid-day trading on Monday . The company traded as high as GBX 20.50 ($0.26) and last traded at GBX 20 ($0.25). Approximately 1,704 shares traded hands during 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 Trading Up 4,551.2 %

The stock’s fifty 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 PE ratio of -18.18.

Danakali Company Profile

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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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