Shares of Helium One Global Ltd (LON:HE1 – Get Free Report) rose 1.8% during trading on Thursday . The company traded as high as GBX 0.40 and last traded at GBX 0.40. Approximately 36,495,082 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 88,557,477 shares. The stock had previously closed at GBX 0.39.
Helium One Global Stock Down 1.8%
The company’s 50 day moving average price is GBX 0.46 and its two-hundred day moving average price is GBX 0.55. The stock has a market cap of £38.25 million, a P/E ratio of -4.31 and a beta of 0.07.
Helium One Global Company Profile
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. The assets lie near surface seeps with helium concentrations ranging up to 10.6% helium by volume. All Helium One’s licences are held on a 100% equity basis.
The Company’s flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900km2 in south-west Tanzania.
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