Global Helium Corp (OTCMKTS:HECOF) Stock Continues to Move Up: Jumps 75% in a Month
Helium exploration and development firm Global Helium Corp (OTCMKTS:HECOF) has been in considerable focus among investors over the course of past month or so. The stock has enjoyed a steady rally and in the past week, it has clocked gains of as much as 21%.
Market Stats
On Monday, HECOF stock gained 2.11% to $1.94 with more than 195k shares, compared to its average volume of 107k shares. The stock has moved within a range of $1.8600 – 2.0700 after opening trading at $2.07.
Recent News
However, it should also be noted that over the course of the past month the stock has managed to deliver gains of 75% to its investors. There has been no news about the company in recent days and the last time Global Helium Corp was in the news was back on October 18 this year.
At the time, the company announced that that it was launching a seismic and remote sensing programme that was worth as much as $500,000. It goes without saying that it was a major announcement from the company and led to considerable positivity among investors with retards to the Global Helium Corp stock. It has been suggested that the geosciences studies that are going to be conducted by the company are going to provide a treasure trove of data and helps Global Helium Corp in defining additional drilling targets far more effectively in the future.
Key Quote
Wes Siemens, President of Global stated, “We are excited to be undertaking a large assessment of our three core areas. The combination of multiple technologies will give us the best resolution and information upon which to make technical and operational decisions. This program is expected to produce several drill-ready prospects and advance a number of other prospects closer to drill-ready stages.”
