Shares of Helium One Global Ltd (LON:HE1 – Get Free Report) traded down 12.1% during trading on Monday. The stock traded as low as GBX 0.40 and last traded at GBX 0.40. 68,857,844 shares were traded during mid-day trading, a decline of 10% from the average session volume of 76,751,375 shares. The stock had previously closed at GBX 0.46.
Helium One Global Stock Down 21.3%
The firm has a market cap of £30.27 million, a PE ratio of -3.41 and a beta of 0.07. The company’s fifty day moving average price is GBX 0.38 and its two-hundred day moving average price is GBX 0.48.
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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