Helium One Global (LON:HE1) Trading Down 5.7%

Helium One Global Ltd (LON:HE1)’s stock price was down 5.7% on Tuesday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). Approximately 34,419,578 shares changed hands during trading, a decline of 80% from the average daily volume of 172,571,844 shares. The stock had previously closed at GBX 1.06 ($0.01).

Helium One Global Stock Performance

The firm has a market capitalization of £54.10 million, a price-to-earnings ratio of -148.75 and a beta of 0.13. The company has a 50-day moving average of GBX 1.35 and a 200-day moving average of GBX 1.27.

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.