Shares of Helium One Global Ltd (LON:HE1 – Get Free Report) dropped 4.9% during mid-day trading on Monday . The stock traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.31 ($0.02). Approximately 44,260,771 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 192,787,219 shares. The stock had previously closed at GBX 1.38 ($0.02).
Helium One Global Stock Performance
The stock has a market cap of £48.73 million, a price-to-earnings ratio of -148.75 and a beta of 0.10. The stock’s 50-day simple moving average is GBX 1.62 and its two-hundred day simple moving average is GBX 2.29.
About Helium One Global
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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