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Helium One Global Limited ( (GB:HE1) ) has shared an update.
Helium One Global Ltd has successfully completed its 2025 drilling campaign for the Galactica-Pegasus project, confirming the production potential of its wells with promising helium and CO2 concentrations. The company plans to advance to initial commercial production by Q4 2025, utilizing the Pinon Canyon Plant for processing. This development is expected to provide early cash flow and operational data, which will aid in optimizing further field development. The project aims to expand helium production and monetize CO2 resources, with a strategic focus on establishing partnerships across the helium supply chain.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Underperform.
Helium One Global’s weak financial performance, characterized by continuous losses and lack of revenue, significantly impacts its stock score. While promising corporate developments offer potential future growth, the current financial instability and negative valuation metrics weigh heavily. Mixed technical indicators add further caution to the outlook.
To see Spark’s full report on GB:HE1 stock, click here.
More about Helium One Global Limited
Helium One Global Ltd is a primary helium explorer operating in Tanzania and holds a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA. The company is focused on advancing helium and CO2 production, with a strategic emphasis on commercializing these resources efficiently.
Average Trading Volume: 40,297,069
Technical Sentiment Signal: Sell
Current Market Cap: £47.5M
For a thorough assessment of HE1 stock, go to TipRanks’ Stock Analysis page.