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Helium One Global Limited
(LSE:HE1)
Helium One Global Limited (HE1) vs. iShares MSCI United Kingdom ETF (EWC)
Helium One Global Limited Business Overview & Revenue Model
Helium One Global Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| -1.44K | 0.00 | 109.67K | 0.00 | 0.00 | 0.00 | Gross Profit |
| -1.44K | 0.00 | -6.82K | -4.90K | -701.00 | 0.00 | EBIT |
| -9.59M | -8.68M | -3.37M | -13.36M | -5.13M | -2.26M | EBITDA |
| -3.23M | -2.60M | -2.45M | -4.65M | -1.91M | -2.30M | Net Income Common Stockholders |
| -9.55M | -8.69M | -3.33M | -22.06M | -8.51M | -2.26M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 10.02M | 11.65M | 9.60M | 15.80M | 7.69M | 391.44K | Total Assets |
| 54.98M | 49.06M | 30.06M | 29.74M | 16.18M | 8.03M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 69.00K | 1.00M | Net Debt |
| -10.02M | -11.65M | -9.60M | -15.80M | -7.58M | 608.56K | Total Liabilities |
| 371.81K | 1.58M | 2.86M | 1.21M | 799.00K | 1.58M | Stockholders Equity |
| 54.60M | 47.47M | 27.20M | 28.54M | 15.38M | 6.45M |
| Cash Flow | Free Cash Flow | ||||
| -6.92M | -26.22M | -6.61M | -7.06M | -1.48M | -2.14M | Operating Cash Flow |
| -5.86M | -972.58K | -2.75M | -1.96M | -875.80K | -1.57M | Investing Cash Flow |
| -13.63M | -25.24M | -3.86M | -4.86M | -606.78K | -570.12K | Financing Cash Flow |
| 22.69M | 30.61M | 11.44M | 22.41M | 1.30M | 1.16M |
Helium One Global Limited Technical Analysis
Helium One Global Limited Peers Comparison
Helium One Global Limited Corporate Events
Helium One Global Ltd has announced the spudding of the Jackson-2 development well at its Galactica helium project in Colorado, marking the fifth well in the development campaign. This project, in collaboration with Blue Star Helium, is part of a broader effort to commercialize helium resources, with Helium One funding the initial costs. The successful completion and integration of Jackson-2 into production facilities could enhance Helium One’s operational capacity and market positioning in the helium industry.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Underperform.
Helium One Global Limited’s stock score is primarily impacted by weak financial performance due to continuous losses and lack of revenue. Valuation metrics are negative, reflecting poor profitability prospects. However, promising corporate events suggest potential future growth, which partially offsets the financial weaknesses. Mixed technical indicators add caution to the outlook.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd announced promising results from the Jackson-27 well in the Galactica Project, Colorado, with natural flow rates reaching 320 Mcfd and potential stabilised rates up to 550 Mcfd. This development, part of a joint venture with Blue Star Helium, highlights the project’s potential to enhance helium production, positioning Helium One as a strategic player in the helium market. The results also underscore the high permeability and quality of the Upper Lyons Sandstone Formation, which is crucial for future development and economic planning.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Underperform.
Helium One Global Limited’s stock score is primarily impacted by weak financial performance due to continuous losses and lack of revenue. Valuation metrics are negative, reflecting poor profitability prospects. However, promising corporate events suggest potential future growth, which partially offsets the financial weaknesses. Mixed technical indicators add caution to the outlook.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd announced the successful drilling of the Jackson-27 well in the Galactica Project, confirming free gas presence and demonstrating strong reservoir communication. The well is part of a broader drilling campaign with Blue Star Helium, aimed at advancing towards production, and highlights the potential for significant helium production, which could enhance the company’s market position and stakeholder value.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Underperform.
Helium One Global Limited’s stock score is significantly impacted by its weak financial performance and negative valuation metrics. Despite promising corporate events, the company’s lack of revenue and continuous losses present substantial risks. Technical indicators also suggest caution, contributing to the overall low score.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd announced successful flow test results from the Jackson-29 well in the Galactica-Pegasus project, indicating promising helium concentrations and flow rates. The project, part of a joint venture with Blue Star Helium, is expected to enhance Helium One’s position in the helium market, with potential stabilised flow rates between 350 and 450 Mcfd, and a maximum of 550 Mcfd, supporting the commercial viability of the project.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Neutral.
Helium One Global Limited’s overall stock score is significantly impacted by its weak financial performance and negative valuation metrics. However, promising corporate developments, such as successful drilling projects and a new mining license, offer potential upside. Technical analysis suggests mixed momentum, warranting caution.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd has received approval for the construction of a helium and CO2 processing plant in Las Animas County, Colorado, as part of the Galactica Project, a joint venture with Blue Star Helium. This approval marks a significant milestone in advancing the project to its construction and operational phases, potentially enhancing the company’s market position and contributing to the commercialization of the Galactica Project.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Neutral.
Helium One Global Limited’s overall stock score is significantly impacted by its weak financial performance and negative valuation metrics. However, promising corporate developments, such as successful drilling projects and a new mining license, offer potential upside. Technical analysis suggests mixed momentum, warranting caution.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd announced the spudding of the Jackson-27 well at its Galactica helium project in Colorado, marking a significant step in its joint venture with Blue Star Helium. This development is part of the larger Galactica/Pegasus project, which offers multiple product streams and is expected to enhance the company’s helium production capabilities, potentially benefiting stakeholders by advancing the commercial viability of the project.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Underperform.
Helium One Global Limited faces significant financial challenges due to lack of revenue and continuous losses, which heavily impact its overall score. Despite promising corporate developments that could lead to future growth, the current financial instability and negative valuation metrics weigh heavily on the score. Technical analysis suggests mixed momentum, which adds caution to the outlook.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd announced the successful drilling of the Jackson-29 well in the Galactica Project, confirming free gas and demonstrating strong reservoir communication. This advancement is part of the broader Galactica/Pegasus development, which has shown promising helium concentrations and potential for significant gas production. The successful completion and testing of Jackson-29 could enhance Helium One’s operational capacity and market positioning in the helium industry.
Spark’s Take on GB:HE1 Stock
According to Spark, TipRanks’ AI Analyst, GB:HE1 is a Neutral.
Helium One Global Limited faces significant financial challenges due to lack of revenue and continuous losses, heavily impacting its financial performance score. Although recent corporate events show promise for future production and revenue potential, the current financial instability and negative valuation metrics weigh heavily on the overall score. Technical analysis suggests mixed momentum, which adds caution to the outlook.
To see Spark’s full report on GB:HE1 stock, click here.
Helium One Global Ltd announced an operational update on the Jackson-29 well, part of the Galactica-Pegasus project in Colorado. The intermediate hole section has been successfully drilled and cemented, but operations are temporarily suspended due to weather conditions. Once resumed, further evaluation and testing will be conducted, potentially leading to the well being tied into production facilities. This development is crucial for Helium One’s positioning in the helium market, as it could enhance their production capabilities and market presence.
Helium One Global Ltd announced positive results from the Jackson-4 well in the Galactica-Pegasus project, with natural gas flow rates reaching approximately 190 Mcfd and projected stabilized rates between 250 to 350 Mcfd. The well’s high permeability and helium concentration align with expectations, supporting the company’s strategic position in the helium market and enhancing its development plans in the USA.
Helium One Global Ltd has formally accepted a Mining Licence for its southern Rukwa Helium Project in Tanzania, marking a significant milestone in its development efforts. The acceptance follows the approval of the Environmental and Social Impact Assessment and the issuance of an Environmental Impact Certificate. This advancement positions the company to move forward with planning and regulatory agreements, potentially enhancing its role in the helium industry and benefiting stakeholders.
Helium One Global Ltd has announced the spudding of the Jackson-29 well at its Galactica helium project in Colorado, marking a significant step in the development of the Galactica-Pegasus project. This project, discovered by Blue Star Helium, has shown promising helium concentrations and production potential, with multiple wells already delivering substantial gas flows. The completion of Jackson-29 is expected to enhance the project’s production capabilities and support its commercial viability, further positioning Helium One as a key player in the helium industry.
Helium One Global Ltd released its blocklisting six-monthly return, reporting no changes in the number of ordinary shares issued or allotted under its scheme from September 2024 to March 2025. The balance of unallotted securities remains at 31,022,104 ordinary shares, indicating stability in the company’s share management strategy. This announcement suggests a steady approach in the company’s operations without any new share issuance, which could imply a stable market position for stakeholders.
Helium One Global Ltd announced the successful drilling of the Jackson-4 well in the Galactica Project, confirming free gas and high-quality gas-saturated sands. This development is part of the broader Galactica/Pegasus project, which has shown promising helium concentrations and potential for significant production rates. The completion of the well and subsequent testing could enhance Helium One’s operational capabilities and strengthen its position in the helium market, with implications for stakeholders in terms of increased production and potential revenue growth.
Helium One Global Limited announced its unaudited interim results for the six months ended December 31, 2024, highlighting significant developments in its projects in Tanzania and the USA. The company completed an extended well test at Itumbula West-1 in Tanzania, flowing up to 7.9% helium to the surface, and submitted a Mining License application for the Rukwa Helium Project, receiving an offer letter from the Tanzanian Mining Commission. Additionally, Helium One acquired a 50% interest in the Galactica-Pegasus project in Colorado, USA, where it commenced a six-well development drilling program. These developments diversify the company’s risk profile and provide opportunities for near-term revenue streams, supporting future investments. The company remains well-funded with a cash balance of $10.02 million as of December 31, 2024.
Helium One Global Ltd announced the successful drilling of the intermediate section of the Jackson-4 well in the Galactica-Pegasus project. This marks a significant step in their operations, as the well is set to be completed and tied into production facilities upon successful testing, potentially enhancing the company’s helium production capabilities and strengthening its position in the helium market.
Helium One Global Ltd announced promising initial flow test results from the Jackson-31 well at its Galactica helium project in Colorado. The well demonstrated strong natural gas flow rates, reaching approximately 250 Mcfd, with potential stabilised rates projected between 300-400 Mcfd. Early gas samples indicated a helium concentration of up to 2.2% air corrected, suggesting a reservoir concentration of 2.3% to 2.5%. These results highlight the well’s high permeability and strong reservoir communication, positioning Helium One favorably within the helium exploration industry.
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.
Helium One Global Ltd announced the spudding of the Jackson-4 development well at its Galactica helium project in Colorado, marking a significant step in its exploration efforts. The project, part of the larger Galactica/Pegasus development, aims to tap into high helium concentrations and optimize production configurations. This development is expected to enhance Helium One’s position in the helium market and potentially increase production capabilities, benefiting stakeholders and supporting the commercial viability of the project.
Helium One Global Ltd has received an offer for a Mining Licence from the Tanzanian Mining Commission for its southern Rukwa Helium Project. This development marks a significant milestone as it is the first helium mining license of its size in Tanzania, highlighting the project’s potential to fully leverage the unique geological features of the region. The offer follows a successful helium discovery and extended well test at Itumbula West-1, and the company is reviewing the terms of the offer to advance its operations.
Helium One Global Ltd announced the successful drilling of the Jackson-31 well at the Galactica Project in Colorado, confirming free gas presence and strong reservoir communication. The well encountered high-quality gas-saturated sandstone, and samples are being analyzed for helium and CO2 concentrations. The development is part of a larger effort to advance towards helium production, potentially enhancing Helium One’s market position and offering stakeholders promising returns.
Helium One Global Ltd announced the successful drilling of the intermediate section of the Jackson-31 development well in the Galactica-Pegasus project, with casing and cementing currently underway. The project, which includes multiple helium discoveries, is part of a larger development effort with Blue Star Helium, focusing on optimizing production and commercializing helium resources. The successful completion of this phase could enhance Helium One’s operational capabilities and market positioning in the helium supply chain.
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.
Helium One Global Ltd announced that a drilling rig has been mobilized to the Jackson-31 well location in Las Animas County, Colorado, as part of the Galactica Project. This development could potentially enhance the company’s operational capacity and influence in the helium market, signaling progress in their collaboration with Blue Star Helium Ltd.