Helium One Global (LON:HE1) Trading Down 13.8% – Here’s What Happened

Shares of Helium One Global Ltd (LON:HE1Get Free Report) fell 13.8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.31 ($0.00) and last traded at GBX 0.33 ($0.00). 22,487,660 shares were traded during mid-day trading, a decline of 62% from the average session volume of 59,146,520 shares. The stock had previously closed at GBX 0.38 ($0.01).

Helium One Global Stock Down 15.9%

The firm has a market cap of £21.00 million, a PE ratio of -127.20 and a beta of 0.12. The firm has a 50-day moving average price of GBX 0.57 and a two-hundred day moving average price of GBX 0.80.

Helium One Global Company Profile

(Get Free Report)

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences across three distinct project areas, with the potential to become a strategic player in resolving a supply-constrained helium market.

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.

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