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Helium One Global (LON:HE1) Trading Down 0.1% - Time to Sell?

Helium One Global logo with Basic Materials background

Helium One Global Ltd (LON:HE1 - Get Free Report) shares fell 0.1% during trading on Tuesday . The stock traded as low as GBX 0.90 ($0.01) and last traded at GBX 0.96 ($0.01). 18,696,777 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 44,444,531 shares. The stock had previously closed at GBX 0.96 ($0.01).

Helium One Global Stock Performance

The firm has a market capitalization of £68.67 million, a P/E ratio of -2.54 and a beta of 0.12. The company has a 50-day simple moving average of GBX 0.98 and a two-hundred day simple moving average of GBX 0.96.

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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