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Helium One Global (LON:HE1) Trading Up 3.7% - Time to Buy?

Helium One Global logo with Basic Materials background

Shares of Helium One Global Ltd (LON:HE1 - Get Free Report) rose 3.7% during trading on Wednesday . The company traded as high as GBX 0.85 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 22,448,158 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 43,615,676 shares. The stock had previously closed at GBX 0.82 ($0.01).

Helium One Global Price Performance

The business's 50-day moving average is GBX 0.92 and its two-hundred day moving average is GBX 0.94. The firm has a market cap of £62.95 million, a P/E ratio of -2.32 and a beta of 0.12.

Helium One Global Company Profile

(Get Free Report)

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across three distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market. The Rukwa, Balangida, and Eyasi projects are located within rift basins on the margin of the Tanzanian Craton in the north and southwest of the country.

Further Reading

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