Helium One Global (LON:HE1) Trading Down 0.5% – What’s Next?

by · The Markets Daily

Helium One Global Ltd (LON:HE1 – Get Free Report)’s share price dropped 0.5% on Wednesday . The company traded as low as GBX 0.98 ($0.01) and last traded at GBX 1.02 ($0.01). Approximately 48,561,538 shares were traded during trading, a decline of 71% from the average daily volume of 168,611,922 shares. The stock had previously closed at GBX 1.02 ($0.01).

Helium One Global Price Performance

The stock’s fifty day moving average price is GBX 1.21 and its two-hundred day moving average price is GBX 1.20. The company has a market capitalization of £59.99 million, a PE 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.

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