Challenging day on the stock market for Sirius Minerals

Sirius Minerals Plc drops 21.7% on the London Alternative Investment Market on Tuesday.

UK fertiliser development company has seen a share price increase of 188 percent this year. Com

The company, which focus on extracting polyhalite, a type of potash, is valued just under £1 billion.

However, Tuesday proved a challenging day on the stock market for the company as stock prices tumbled from 51.66pence at 8.15am to a low of 40.75pence at 4pm, down a staggering 21.7%.

The decline, which can likely be attributed to stop-losses, has since been reverted to some extent.

At 4.21pm Sirius Minerals Plc (LON: SXX) was trading at 42.8pence (-5.93%).
Katharina Fleiner 23/08/2016
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