Helium One Global Ltd (LON:HE1 – Get Free Report) shares hit a new 52-week low during trading on Wednesday. The stock traded as low as GBX 0.28 and last traded at GBX 0.31, with a volume of 548,200,125 shares changing hands. The stock had previously closed at GBX 0.39.
Helium One Global Trading Up 1.0%
The company has a market capitalization of £30.37 million, a price-to-earnings ratio of -3.42 and a beta of 0.07. The company has a fifty day moving average of GBX 0.38 and a 200-day moving average of GBX 0.47.
Helium One Global Company Profile
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. 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.
Recommended Stories
- Five stocks we like better than Helium One Global
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Helium One Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helium One Global and related companies with MarketBeat.com's FREE daily email newsletter.
