Helium One Global (LON:HE1) Shares Up 7.2% – Here’s Why

Helium One Global Ltd (LON:HE1)’s stock price was up 7.2% during trading on Monday . The company traded as high as GBX 0.98 ($0.01) and last traded at GBX 0.97 ($0.01). Approximately 47,277,375 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 147,544,328 shares. The stock had previously closed at GBX 0.91 ($0.01).

Helium One Global Trading Up 7.2 %

The firm has a market capitalization of £57.33 million, a price-to-earnings ratio of -148.75 and a beta of 0.12. The stock’s fifty day moving average price is GBX 0.97 and its two-hundred day moving average price is GBX 1.09.

Helium One Global Company Profile

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.