Insider Buying: Upland Resources (LON:UPL) Insider Purchases £69,714.28 in Stock

Upland Resources Limited (LON:UPL) insider Razak Damit bought 1,742,857 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were acquired at an average price of GBX 4 per share, with a total value of £69,714.28.

Upland Resources Stock Down 15.8%

LON:UPL traded down GBX 0.52 during trading hours on Tuesday, reaching GBX 2.78. 5,020,198 shares of the company’s stock were exchanged, compared to its average volume of 7,443,168. The firm has a market capitalization of £45.23 million, a price-to-earnings ratio of 7.13 and a beta of 2.02. Upland Resources Limited has a 1-year low of GBX 0.81 and a 1-year high of GBX 4.20. The company has a 50-day moving average of GBX 3.09 and a 200 day moving average of GBX 2.50.

Upland Resources Company Profile

The Company is focused on opportunities in South-East Asia with an initial emphasis on Sarawak.
Over the last 7 years the Company has developed an opportunity on a block in Northern Sarawak, block SK334.
Upland has an exceptional team and is working with leading oil and gas contractors to effectively, and with the minimum risk, evolve its prospects.