Equity analysts covering the Norwegian salmon farming giant Mowi see elevated risks from farming in Newfoundland in general, rather than in the company's operational capacities, after a mass mortality killed 5,000 metric tons of salmon in the region last month.

"Even though this might be an extraordinary situation, it shows that it can be challenging to produce salmon in Newfoundland," Danske Bank Equity Analyst Knut-Ivar Bakken told IntraFish, reducing estimates for the company's 2020 and 2021 production by 4,000-6,000 metric tons as a result of the mortalities witnessed.