Share prices of Helium One Global are on its growth since the beginning of 2021. From that time till today, it has developed by 14.28 GBP. In general, in 2021, the company did not face any serious price clashes. Of course, there were some small declines. For example, from 5th to 12th of July, it declined by 5,1 GBP. On the 13th of July, it opened at 21.72 GBP and closed at 22.50 GBP exceeding the previous close by 2.74%. The average volume is greater than the total volume by 8,6 million GBP. The EPS is -1.70.
Helium One Global is a risky company since it is not earning money for profit, and therefore burning cash very fast. Moreover, the company is only in its exploration stages.
The companies cash burn for this year is 1,95 million GBP. So, the cash runway is about 2.5 years. This will result in the company will seek money through getting debt or issuing more shares. Which will decrease the share prices of Helium One Global.
Finance and Business reporter
After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter