Upland Resources (LON:UPL) Trading Up 11.5% – Still a Buy?

Upland Resources Limited (LON:UPLGet Free Report) shares were up 11.5% during mid-day trading on Wednesday . The stock traded as high as GBX 1.47 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 9,782,618 shares changed hands during trading, an increase of 19% from the average daily volume of 8,192,489 shares. The stock had previously closed at GBX 1.30 ($0.02).

Upland Resources Price Performance

The stock has a market cap of £19.93 million, a price-to-earnings ratio of -9.68 and a beta of 2.02. The company’s fifty day moving average price is GBX 1.31 and its 200-day moving average price is GBX 1.22.

About Upland Resources

(Get Free Report)

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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