Helium One Global (LON:HE1) Trading 12.5% Higher – Still a Buy?

Helium One Global Ltd (LON:HE1Get Free Report) rose 12.5% during trading on Wednesday . The stock traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.91 ($0.01). Approximately 64,569,719 shares traded hands during trading, an increase of 49% from the average daily volume of 43,480,445 shares. The stock had previously closed at GBX 0.81 ($0.01).

Helium One Global Price Performance

The company has a market cap of £69.12 million, a PE ratio of -2.55 and a beta of 0.12. The company has a fifty day moving average price of GBX 0.89 and a 200 day moving average price of GBX 0.93.

About Helium One Global

(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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