Helium One Global Limited ( (GB:HE1) ) has issued an announcement.
Helium One Global Ltd has reported a significant increase in helium concentration at its State-16 well in the Galactica Project, Colorado, with levels rising to 2.17%. This increase, attributed to natural reservoir processes, suggests improved reservoir connectivity and long-term flow potential, enhancing the company’s operational prospects in the helium market.
More about Helium One Global Limited
Helium One Global Ltd is an AIM-listed company focused on helium exploration in Tanzania, with significant projects in the Rukwa and Eyasi regions. The company aims to address the supply-constrained helium market and holds a 50% interest in the Galactica-Pegasus helium development project in Colorado, USA.
YTD Price Performance: 11.11%
Average Trading Volume: 45,613,456
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £58.62M
For detailed information about HE1 stock, go to TipRanks’ Stock Analysis page.