Shares of Helium One Global Ltd (LON:HE1 – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 0.28 and last traded at GBX 0.28, with a volume of 65,045,098 shares traded. The stock had previously closed at GBX 0.30.
Helium One Global Stock Up 1.1%
The company has a market cap of £28.10 million, a PE ratio of -3.17 and a beta of 0.07. The stock has a 50-day simple moving average of GBX 0.35 and a 200 day simple moving average of GBX 0.49.
About Helium One Global
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.
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