Upland Resources (LON:UPL) Insider Razak Damit Buys 1,742,857 Shares of Stock

Upland Resources Limited (LON:UPL) insider Razak Damit acquired 1,742,857 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was purchased at an average cost of GBX 4 per share, for a total transaction of £69,714.28.

Upland Resources Trading Down 15.8%

LON UPL opened at GBX 2.78 on Wednesday. Upland Resources Limited has a 12-month low of GBX 0.81 and a 12-month high of GBX 4.20. The stock has a market capitalization of £45.23 million, a price-to-earnings ratio of 7.13 and a beta of 2.02. The business’s 50 day moving average is GBX 3.09 and its two-hundred day moving average is GBX 2.51.

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.