Shares of Helium One Global Ltd (LON:HE1 - Get Free Report) rose 12.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.91 ($0.01). Approximately 64,569,719 shares changed hands during trading, an increase of 49% from the average daily volume of 43,480,445 shares. The stock had previously closed at GBX 0.81 ($0.01).
Helium One Global Price Performance
The firm has a market capitalization of £69.86 million, a PE ratio of -2.58 and a beta of 0.12. The company's fifty day simple moving average is GBX 0.90 and its 200-day simple moving average is GBX 0.93.
Helium One Global Company Profile
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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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