Cloudbreak Discovery (LON:CDL) Stock Price Up 18% – What’s Next?

Cloudbreak Discovery Plc (LON:CDL) shares rose 18% on Monday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 1,865,310 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 2,413,865 shares. The stock had previously closed at GBX 0.10 ($0.00).

Cloudbreak Discovery Trading Down 13.0 %

The company has a market cap of £1.13 million, a price-to-earnings ratio of -0.40 and a beta of -0.14. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 22.18. The business’s 50 day moving average price is GBX 0.15 and its 200-day moving average price is GBX 0.19.

Cloudbreak Discovery (LON:CDL) last posted its quarterly earnings data on Friday, January 31st. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. Cloudbreak Discovery had a negative return on equity of 87.92% and a negative net margin of 842.88%.

Cloudbreak Discovery Company Profile

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.