Helium One Global Ltd (
LON:HE1 -
Get Free Report) shares were up 4.7% during mid-day trading on Wednesday . The stock traded as high as GBX 0.63 and last traded at GBX 0.63. Approximately 82,780,773 shares traded hands during trading, a decline of 35% from the average daily volume of 127,983,070 shares. The stock had previously closed at GBX 0.60.
Helium One Global Stock Up 6.0%
The business's fifty day moving average is GBX 0.55 and its two-hundred day moving average is GBX 0.44. The stock has a market capitalization of £57.41 million, a PE ratio of -6.36 and a beta of 0.07.
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. The assets lie near surface seeps with helium concentrations ranging up to 10.6% helium by volume. All Helium One's licences are held on a 100% equity basis.
The Company's flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900km2 in south-west Tanzania.
Further Reading
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