Land-based salmon farming leader Atlantic Sapphire continues to see its share price decline, and brokerages are predicting the company will need a fresh round of financing to move forward with its next stages of expansion.

Last February, Atlantic Sapphire's share price hit record highs, valuing the company at around NOK 12 billion ($1.2 billion/€1.2 billion).

Since that time, however, shares prices have been on the decline, and have fallen by more than 80 percent.

This year alone, share prices have fallen by 50 percent, despite record earnings for conventional salmon farmers.