Helium One Global (LON:HE1) Trading Down 0.1% – Should You Sell?

Shares of Helium One Global Ltd (LON:HE1) dropped 0.1% on Tuesday . The stock traded as low as GBX 0.90 ($0.01) and last traded at GBX 0.96 ($0.01). Approximately 18,696,777 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 44,444,531 shares. The stock had previously closed at GBX 0.96 ($0.01).

Helium One Global Stock Down 0.1 %

The firm has a market capitalization of £71.28 million, a PE ratio of -2.63 and a beta of 0.12. The firm’s 50 day moving average price is GBX 0.98 and its two-hundred day moving average price is GBX 0.96.

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.