Salt Lake Potash Ltd (LON:SO4) shares traded down 4.6% on Wednesday . The stock traded as low as GBX 38.30 ($0.50) and last traded at GBX 39.60 ($0.52), 61,902 shares were traded during mid-day trading. A decline of 48% from the average session volume of 119,665 shares. The stock had previously closed at GBX 41.50 ($0.54).
Separately, Shore Capital reissued a “not rated” rating on shares of Salt Lake Potash in a report on Wednesday, September 18th.
The company has a fifty day simple moving average of GBX 42.95 and a two-hundred day simple moving average of GBX 41.08.
Salt Lake Potash Limited, formerly Wildhorse Energy Limited, is a mineral exploration company. The Company’s principal activities include exploration and development of resource projects. Its segments include United States of America and Australia Potash. It holds a range of salt lake brine projects (Projects) in Western Australia, South Australia and the Northern Territory.
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