Helium One Global (LON:HE1) Trading Up 16.1% – Should You Buy?

Helium One Global Ltd (LON:HE1Get Free Report)’s stock price shot up 16.1% during mid-day trading on Thursday . The company traded as high as GBX 1.10 ($0.01) and last traded at GBX 1.01 ($0.01). 312,943,252 shares traded hands during trading, an increase of 92% from the average session volume of 162,651,609 shares. The stock had previously closed at GBX 0.87 ($0.01).

Helium One Global Price Performance

The firm has a market cap of £62.06 million, a P/E ratio of -148.75 and a beta of 0.12. The company’s 50-day moving average is GBX 1.04 and its two-hundred day moving average is GBX 1.16.

About Helium One Global

(Get Free Report)

Helium One Global Ltd engages in the exploration and production of helium gas. Its project portfolio includes the Rukwa project consisting of 12 prospecting licenses covering an area of approximately 1,899 square kilometers located in southwestern Tanzania; the Eyasi project, which include three prospecting licenses covering an area of approximately 807 square kilometers located in north central Tanzania; and the Balangida project comprises one prospecting license covering an area of approximately 259 square kilometers located in north central Tanzania.

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