Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Helium One Global Limited ( (GB:HE1) ) has provided an announcement.
Helium One Global Ltd has announced the spudding of the Jackson-31 well at the Galactica helium project in Colorado, which marks progress in its development strategy. The well aims to target the Lyons Formation, with completion expected to enhance production capabilities and tie into existing facilities. This development is part of the broader Galactica/Pegasus project, which has shown promising helium concentrations in previous wells, potentially positioning Helium One as a significant player in the helium market.
More about Helium One Global Limited
Helium One Global Ltd is a primary helium explorer with operations in Tanzania and a 50% stake in the Galactica-Pegasus helium development project in Colorado, USA. The company is listed on the AIM market of the London Stock Exchange and on the OTCQB in the United States, focusing on resolving the supply-constrained helium market.
YTD Price Performance: 3.33%
Average Trading Volume: 41,326,088
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £55.07M
Learn more about HE1 stock on TipRanks’ Stock Analysis page.
