Helium One Global (LON:HE1) Shares Down 0.5% – What’s Next?

Helium One Global Ltd (LON:HE1)’s share price was down 0.5% during mid-day trading on Wednesday . The company traded as low as GBX 0.98 ($0.01) and last traded at GBX 1.02 ($0.01). Approximately 48,561,538 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 168,611,922 shares. The stock had previously closed at GBX 1.02 ($0.01).

Helium One Global Trading Down 0.5 %

The firm’s fifty day simple moving average is GBX 1.22 and its 200 day simple moving average is GBX 1.20. The company has a market cap of £59.99 million, a price-to-earnings ratio of -148.75 and a beta of 0.12.

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.