Shares of land-based salmon farming group Atlantic Sapphire hit an all-time low today after falling 34 percent during the course of the day, following a company stock market announcement about reduced revenue expectations.

At close of market on Monday shares were trading at NOK 6.99 (€0.67/$0.66), giving it a market capitalization of NOK 1.1 billion (€106 million/$104 million).

The share traded at NOK 10.35 (€1.05/$1.03) at the start of the day before it nose-dived, hovering around the NOK 7 mark during most of the day.