Throughout the year, the Helium One Global share has been steadily growing. Since the beginning of this year, the share price has been GBP 8.22. In April, the share reached GBP 11.15. By the end of the same month, the share price had increased to GBP 20.35. In May, the share price was equal to 20.80. Today, the share price is GBP 27.00, 8% higher than yesterday’s value.
Over the past year, Helium One Global has not recorded any revenue, which indicates that the company is not at an early stage of development. However, cash flow actually increased by 47%, which suggests that management is increasing investments in future growth, but not too quickly. As for the company’s real runway, it will be shorter if costs continue to rise.
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.