Demand for green helium gas has never been higher, and supplies have never been shorter. But Helium One Global reckons it has struck natural gas gold with its plans to drill in Tanzania. Investors have been closely following the helium producer business, lifting the Helium One share price up 19.7% since the start of the year.
Shares in London-listed Helium One Global [HE1.L] have ballooned this year, hitting a high of 14p in January — double what it was worth at the start of 2022. While the stock has since lost some steam, as of 4 April, shares in the helium producer remain 42.5% ahead of the company’s 4 December 2020 market debut price of 5.88p and up 19.7% in the year-to-date.
Helium One Global Ltd (LON:HE1) was founded in September 2015. The Company’s focus is to explore, develop, and ultimately, become a producer of high-grade helium for the international market, a critical material essential in modern technologies.