Cloudbreak Discovery (LON:CDL) Stock Price Down 15.8% – Should You Sell?

Cloudbreak Discovery Plc (LON:CDL) fell 15.8% during mid-day trading on Tuesday . The company traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). 449,111 shares traded hands during trading, a decline of 88% from the average session volume of 3,755,542 shares. The stock had previously closed at GBX 0.10 ($0.00).

Cloudbreak Discovery Stock Down 15.8 %

The firm has a market cap of £906,464.00, a P/E ratio of -0.32 and a beta of -0.14. The company has a debt-to-equity ratio of 22.18, a quick ratio of 0.39 and a current ratio of 1.13. The firm’s fifty day moving average is GBX 0.11 and its 200 day moving average is GBX 0.15.

Cloudbreak Discovery (LON:CDL) last posted its earnings results on Monday, March 31st. The company reported GBX (0.10) ($0.00) EPS for the quarter. Cloudbreak Discovery had a negative net margin of 842.88% and a negative return on equity of 87.92%.

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.