Upland Resources (LON:UPL) Trading Up 17.2% – Still a Buy?

Upland Resources Limited (LON:UPLGet Free Report) was up 17.2% during mid-day trading on Thursday . The stock traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 19,696,480 shares traded hands during trading, an increase of 134% from the average daily volume of 8,409,107 shares. The stock had previously closed at GBX 1.45 ($0.02).

Upland Resources Stock Performance

The firm’s 50 day moving average price is GBX 1.20 and its two-hundred day moving average price is GBX 1.18. The firm has a market cap of £25.42 million, a PE ratio of -12.36 and a beta of 2.02.

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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