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Helium One Global (LON:HE1) Shares Up 2% - What's Next?

Helium One Global logo with Basic Materials background

Shares of Helium One Global Ltd (LON:HE1 - Get Free Report) shot up 2% during trading on Wednesday . The company traded as high as GBX 0.98 ($0.01) and last traded at GBX 0.96 ($0.01). 12,042,839 shares changed hands during trading, a decline of 72% from the average session volume of 43,474,648 shares. The stock had previously closed at GBX 0.94 ($0.01).

Helium One Global Stock Performance

The company has a market capitalization of £71.94 million, a P/E ratio of -2.66 and a beta of 0.12. The firm's fifty day moving average is GBX 0.89 and its 200 day moving average is GBX 0.93.

About Helium One Global

(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.

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