Helium One Global Ltd (LON:HE1 - Get Free Report)'s stock price dropped 10.7% during mid-day trading on Thursday . The stock traded as low as GBX 0.73 ($0.01) and last traded at GBX 0.75 ($0.01). Approximately 189,442,188 shares traded hands during mid-day trading, an increase of 333% from the average daily volume of 43,751,469 shares. The stock had previously closed at GBX 0.84 ($0.01).
Helium One Global Trading Down 8.8%
The firm has a market capitalization of £54.26 million, a price-to-earnings ratio of -2.00 and a beta of 0.12. The company's 50 day moving average is GBX 0.89 and its 200-day moving average is GBX 0.92.
About Helium One Global
(
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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.
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