Upland Resources Limited (LON:UPL – Get Free Report) shares were down 8.3% during mid-day trading on Wednesday . The stock traded as low as GBX 2.83 and last traded at GBX 2.96. Approximately 10,730,126 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 6,941,657 shares. The stock had previously closed at GBX 3.23.
Upland Resources Trading Down 8.3%
The company has a market cap of £51.04 million, a price-to-earnings ratio of -24.63 and a beta of 1.89. The firm’s 50-day moving average price is GBX 2.86 and its 200 day moving average price is GBX 3.03.
Upland Resources (LON:UPL – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported GBX (0.12) earnings per share (EPS) for the quarter.
About Upland Resources
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.
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