Mendell Helium (LON:MDH) Posts Quarterly Earnings Results

Mendell Helium (LON:MDH) announced its quarterly earnings data on Wednesday. The company reported GBX (1.16) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Mendell Helium Trading Down 1.8%

LON MDH traded down GBX 0.07 during trading hours on Wednesday, reaching GBX 3.88. 3,265,370 shares of the company traded hands, compared to its average volume of 2,459,199. Mendell Helium has a 12 month low of GBX 3.60 and a 12 month high of GBX 6.

Mendell Helium plc is a United Kingdom-based company focused on the exploration and potential development of helium resources. Its activities center on identifying prospective helium accumulations, assessing their commercial potential and advancing exploration projects toward possible production.

The company’s exploration interests are associated with Tanzania, where it is evaluating helium opportunities in a region recognized for its prospective resources. Its work may include geological studies, exploration drilling, resource assessment and related project-development activities.

Mendell Helium remains an exploration-stage business, and publicly available information about its operating history, leadership team and commercial production activities is limited.