Danakali (OTCMKTS:SBMSF) Shares Down 4.2% – Time to Sell?

Danakali Limited (OTCMKTS:SBMSFGet Free Report) shares fell 4.2% on Tuesday . The company traded as low as $0.17 and last traded at $0.17. 100,000 shares traded hands during trading, a decline of 10% from the average session volume of 111,506 shares. The stock had previously closed at $0.18.

Danakali Stock Down 4.2 %

The firm’s fifty day moving average is $0.18 and its two-hundred day moving average is $0.18.

About Danakali

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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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