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Helium One Global (LON:HE1) Shares Up 18.6% - Here's What Happened

Helium One Global logo with Basic Materials background

Helium One Global Ltd (LON:HE1 - Get Free Report)'s share price traded up 18.6% during mid-day trading on Tuesday . The company traded as high as GBX 1.05 ($0.01) and last traded at GBX 1.02 ($0.01). 111,920,023 shares were traded during mid-day trading, an increase of 232% from the average session volume of 33,660,531 shares. The stock had previously closed at GBX 0.86 ($0.01).

Helium One Global Trading Down 0.5 %

The stock's 50 day moving average is GBX 0.92 and its 200-day moving average is GBX 1.06. The company has a market cap of £73.58 million, a P/E ratio of -2.72 and a beta of 0.12.

Helium One Global Company Profile

(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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