Helium One Global Ltd (LON:HE1 – Get Free Report) dropped 2% during mid-day trading on Thursday . The company traded as low as GBX 0.49 and last traded at GBX 0.49. 26,246,059 shares changed hands during trading, a decline of 74% from the average session volume of 102,152,453 shares. The stock had previously closed at GBX 0.50.
Helium One Global Trading Down 0.2%
The stock has a 50-day moving average price of GBX 0.57 and a 200 day moving average price of GBX 0.55. The stock has a market capitalization of £48.21 million, a price-to-earnings ratio of -5.43 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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