Atlantic Sapphire's share price once again saw a steep decline on the Oslo Stock Exchange on Tuesday, dropping 9 percent at the time of writing.

The company’s share price is currently -- at 15.00 CET -- NOK 81.10 (€8.10/$9.80) making its market cap just over NOK 6.5 billion (€650.1 million/$782.5 million).

On March 31 its share price was NOK 120.50 (€12.10/$14.60) placing the value of the company at just over NOK 9.72 billion (€975 million/$1.2 billion).

That means the company's value has dropped by more that NOK 3.1