Helium One Global Ltd (LON:HE1 – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as GBX 0.28 and last traded at GBX 0.31, with a volume of 548,200,125 shares traded. The stock had previously closed at GBX 0.39.
Helium One Global Stock Down 20.5%
The company has a market cap of £30.56 million, a PE ratio of -3.44 and a beta of 0.07. The firm’s 50-day moving average is GBX 0.38 and its 200-day moving average is GBX 0.48.
About Helium One Global
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. The assets lie near surface seeps with helium concentrations ranging up to 10.6% helium by volume. All Helium One’s licences are held on a 100% equity basis.
The Company’s flagship Rukwa Project is located within the Rukwa Rift Basin covering 1,900km2 in south-west Tanzania.
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