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

Shares of Helium One Global Ltd (LON:HE1Get Free Report) traded up 3.1% on Wednesday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.89 ($0.01). 35,389,219 shares were traded during trading, an increase of 11% from the average session 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 stock has a 50 day moving average price of GBX 0.92 and a 200 day moving average price of GBX 1.07. The company has a market cap of £51.42 million, a PE ratio of -148.75 and a beta of 0.12.

About Helium One Global

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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.

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