Shares of Helium One Global Ltd (LON:HE1 – Get Free Report) traded down 2.6% on Thursday . The company traded as low as GBX 0.36 and last traded at GBX 0.37. Approximately 23,007,867 shares traded hands during trading, a decline of 70% from the average daily volume of 77,692,227 shares. The stock had previously closed at GBX 0.38.
Helium One Global Price Performance
The stock has a market capitalization of £36.48 million, a P/E ratio of -4.11 and a beta of 0.07. The firm has a 50-day simple moving average of GBX 0.40 and a 200 day simple moving average of GBX 0.52.
About Helium One Global
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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