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Helium One Global (LON:HE1) Trading 27.8% Higher - Time to Buy?

Helium One Global logo with Basic Materials background

Helium One Global Ltd (LON:HE1 - Get Free Report)'s stock price rose 27.8% during trading on Monday . The stock traded as high as GBX 1.24 ($0.02) and last traded at GBX 1.16 ($0.01). Approximately 136,982,734 shares traded hands during mid-day trading, an increase of 215% from the average daily volume of 43,479,523 shares. The stock had previously closed at GBX 0.91 ($0.01).

Helium One Global Stock Performance

The business's 50-day moving average is GBX 0.92 and its 200-day moving average is GBX 1.02. The firm has a market cap of £73.80 million, a price-to-earnings ratio of -2.72 and a beta of 0.12.

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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