Cloudbreak Discovery (LON:CDL) Announces Earnings Results

Cloudbreak Discovery (LON:CDL) announced its quarterly earnings results on Monday. The company reported GBX (0.10) ($0.00) earnings per share for the quarter, Digital Look Earnings reports. Cloudbreak Discovery had a negative return on equity of 87.92% and a negative net margin of 842.88%.

Cloudbreak Discovery Stock Performance

Shares of CDL stock traded up GBX 0.01 ($0.00) during trading on Wednesday, reaching GBX 0.10 ($0.00). 172,806 shares of the company’s stock were exchanged, compared to its average volume of 1,700,693. The firm’s fifty day moving average price is GBX 0.12 and its 200-day moving average price is GBX 0.15. Cloudbreak Discovery has a twelve month low of GBX 0.08 ($0.00) and a twelve month high of GBX 0.50 ($0.01). The stock has a market capitalization of £1.08 million, a PE ratio of -0.38 and a beta of -0.14. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 22.18.

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.