Cloudbreak Discovery (LON:CDL) Issues Quarterly Earnings Results

Cloudbreak Discovery (LON:CDL) announced its earnings results on Wednesday. The company reported GBX (0.04) EPS for the quarter, Digital Look Earnings reports. Cloudbreak Discovery had a negative net margin of 842.88% and a negative return on equity of 365.09%.

Cloudbreak Discovery Price Performance

LON CDL traded down GBX 0.01 during mid-day trading on Wednesday, hitting GBX 0.42. The stock had a trading volume of 12,004,530 shares, compared to its average volume of 15,169,827. Cloudbreak Discovery has a 52-week low of GBX 0.08 and a 52-week high of GBX 1.35. The company has a market cap of £7.70 million, a price-to-earnings ratio of -2.08 and a beta of 1.27. The company has a 50 day simple moving average of GBX 0.58 and a 200 day simple moving average of GBX 0.74. The company has a quick ratio of 0.39, a current ratio of 0.37 and a debt-to-equity ratio of -13.61.

About Cloudbreak Discovery

Cloudbreak Discovery PLC is a leading London listed royalty company and natural resource project generator. Cloudbreak is focused on energy royalty acquisitions with the aim of bringing near-term cashflow and driving shareholder value. Its primary operating jurisdiction is the United States, but the Company will continue to deploy its project generation model in the international energy sector to acquire minority interests in projects of merit.

Through its wholly owned but independently operated subsidiary, Cloudbreak Exploration Inc, the Company will develop its array of mineral assets, whilst continuing to generate new projects with a particular focus on commodities key to the energy transition.

The Group’s generative model across the energy and mineral sector enables a multi-asset approach to investing and exploration.