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Helium One Global (LON:HE1) Stock Price Up 18.6% - What's Next?

Helium One Global logo with Basic Materials background

Shares of Helium One Global Ltd (LON:HE1 - Get Free Report) rose 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). Approximately 111,920,023 shares changed hands during trading, an increase of 232% from the average daily volume of 33,660,531 shares. The stock had previously closed at GBX 0.86 ($0.01).

Helium One Global Trading Down 5.1 %

The firm has a market cap of £69.86 million, a PE ratio of -2.58 and a beta of 0.12. The company has a 50 day moving average price of GBX 0.92 and a 200 day moving average price of GBX 1.06.

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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