Helium One Global (LON:HE1) Stock Price Up 3.1% – Should You Buy?

Helium One Global Ltd (LON:HE1)’s stock price was up 3.1% during mid-day trading on Wednesday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.89 ($0.01). Approximately 35,389,219 shares traded hands during trading, an increase of 11% from the average daily volume of 32,007,379 shares. The stock had previously closed at GBX 0.87 ($0.01).

Helium One Global Trading Up 0.6 %

The firm has a fifty day simple moving average of GBX 0.92 and a two-hundred day simple moving average of GBX 1.07. The stock has a market cap of £51.42 million, a PE ratio of -148.75 and a beta of 0.12.

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.