Helium One Global (LON:HE1) Shares Down 0.5% – Should You Sell?

Helium One Global Ltd (LON:HE1Get Free Report)’s share price fell 0.5% during trading on Wednesday . The company traded as low as GBX 0.98 ($0.01) and last traded at GBX 1.02 ($0.01). 48,561,538 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 168,611,922 shares. The stock had previously closed at GBX 1.02 ($0.01).

Helium One Global Stock Performance

The stock has a market cap of £59.99 million, a PE ratio of -148.75 and a beta of 0.12. The firm’s 50-day moving average is GBX 1.22 and its 200 day moving average is GBX 1.20.

About Helium One Global

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Helium One Global Ltd engages in the exploration and production of helium gas. Its project portfolio includes the Rukwa project consisting of 12 prospecting licenses covering an area of approximately 1,899 square kilometers located in southwestern Tanzania; the Eyasi project, which include three prospecting licenses covering an area of approximately 807 square kilometers located in north central Tanzania; and the Balangida project comprises one prospecting license covering an area of approximately 259 square kilometers located in north central Tanzania.

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