Shares of Helium One Global Ltd (LON:HE1 – Get Free Report) shot up 1.1% during trading on Friday . The company traded as high as GBX 0.60 and last traded at GBX 0.57. 33,077,969 shares changed hands during trading, a decline of 71% from the average session volume of 113,526,039 shares. The stock had previously closed at GBX 0.56.
Helium One Global Trading Up 1.1%
The business’s 50 day moving average is GBX 0.62 and its 200 day moving average is GBX 0.53. The stock has a market capitalization of £55.80 million, a PE ratio of -6.29 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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