Helium One Global Ltd (LON:HE1 – Get Free Report)’s share price dropped 2% on Thursday . The stock traded as low as GBX 0.49 and last traded at GBX 0.49. 26,246,059 shares traded hands during trading, a decline of 74% from the average daily volume of 102,152,453 shares. The stock had previously closed at GBX 0.50.
Helium One Global Price Performance
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 firm has a market capitalization of £48.31 million, a PE ratio of -5.44 and a beta of 0.07.
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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