Australia's Blue Star Helium climbs on helium discoveries in Colorado

Blue Star Helium

17/05/2022 04:16

** Shares of helium explorer Blue Star Helium  BNL.AX  climb
as much as 27.6% to A$0.037, mark their biggest intraday gain
since Sept. 14, 2020
    ** Co announces multiple helium discoveries at Galactica and
Pegasus prospects in Colorado  urn:newsml:reuters.com:*:nASX23kw0
    ** Co says helium prices are at all-time highs and it is
keen to sell helium into the market as soon as possible
    ** Shares hit their highest since May 3
    ** At about 23.3 mln shares, trading volumes are 3.8 times
the 30-day average of 6.2 mln shares
    ** As of last close, stock down 53.2% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))