Helium One Global (LON:HE1) Shares Up 7.2% – Here’s Why

Shares of Helium One Global Ltd (LON:HE1Get Free Report) traded up 7.2% on Monday . The stock traded as high as GBX 0.98 ($0.01) and last traded at GBX 0.97 ($0.01). 47,277,375 shares were traded during trading, a decline of 68% from the average session volume of 147,544,328 shares. The stock had previously closed at GBX 0.91 ($0.01).

Helium One Global Price Performance

The business has a 50 day simple moving average of GBX 0.97 and a 200 day simple moving average of GBX 1.09. The company has a market capitalization of £57.33 million, a price-to-earnings ratio of -148.75 and a beta of 0.12.

About Helium One Global

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Helium One Global Ltd engages in the exploration and production of helium gas. Its project portfolio includes the Rukwa project consisting of 12 prospecting licenses covering an area of approximately 1,899 square kilometers located in southwestern Tanzania; the Eyasi project, which include three prospecting licenses covering an area of approximately 807 square kilometers located in north central Tanzania; and the Balangida project comprises one prospecting license covering an area of approximately 259 square kilometers located in north central Tanzania.

Further Reading

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