NZ King Salmon – swimming against the tide

Brian Gaynor
Sat, 23 Apr 2022

NZ King Salmon – swimming against the tide
Salmon farming has been hit by warming sea temperatures. (Image: Getty)
Brian Gaynor
Sat, 23 Apr 2022
New Zealand King Salmon Investments has had a terrible year, with its share price plunging from $1.38 at the end of 2021 to just $0.34 yesterday.The company and its predecessors have had a long association with the New Zealand Stock Exchange (NZX), starting with New Zealand Salmon in 1983, then Regal Salmon and now NZ King Salmon.Unfortunately, four decades of stock exchange exposure have shown that salmon ranching and farming are exceptionally risky, particularly when they are affected by climate change and rising water temperatures.New Zealan...

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