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Helium One Global (LON:HE1) Trading 16.1% Higher - Should You Buy?

Helium One Global logo with Basic Materials background

Helium One Global Ltd (LON:HE1 - Get Free Report)'s stock price rose 16.1% on Thursday . The stock traded as high as GBX 1.10 ($0.01) and last traded at GBX 1.01 ($0.01). Approximately 312,943,252 shares traded hands during trading, an increase of 92% from the average daily volume of 162,651,609 shares. The stock had previously closed at GBX 0.87 ($0.01).

Helium One Global Stock Up 6.9 %

The firm has a market cap of £63.83 million, a price-to-earnings ratio of -148.75 and a beta of 0.12. The business has a 50 day moving average price of GBX 1.03 and a 200-day moving average price of GBX 1.16.

About Helium One Global

(Get Free Report)

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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