Upland Resources (LON:UPL) Insider Razak Damit Acquires 300,000 Shares

November 29, 2025 by InsiderTrades.com

Key Points

Insider purchase: Razak Damit bought 300,000 Upland Resources shares on November 27 at GBX 3 each, a £9,000 transaction.
Share reaction and market data: UPL traded up about 14.7%, opening at GBX 3.90 (near its 12‑month high); the company has a market cap of £58.97m and a beta of 2.02.
Business and recent results: Upland focuses on Southeast Asia (notably block SK334 in Sarawak) and reported a loss of GBX 1 per share in the most recent quarter.

Upland Resources Limited (LON:UPL - Get Free Report) insider Razak Damit purchased 300,000 shares of the stock in a transaction dated Thursday, November 27th. The stock was purchased at an average cost of GBX 3 per share, for a total transaction of £9,000.

Upland Resources Trading Up 14.7%

UPL stock opened at GBX 3.90 on Friday. The firm has a 50 day moving average of GBX 2.34 and a 200-day moving average of GBX 1.53. The firm has a market capitalization of £58.97 million, a P/E ratio of 10.00 and a beta of 2.02. Upland Resources Limited has a 12 month low of GBX 0.81 and a 12 month high of GBX 3.90.

Upland Resources (LON:UPL - Get Free Report) last posted its earnings results on Tuesday, September 30th. The company reported GBX (1) earnings per share (EPS) for the quarter.

Upland Resources Company Profile

(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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