Cloudbreak Discovery (LON:CDL) Announces Quarterly Earnings Results

Cloudbreak Discovery (LON:CDL) announced its quarterly earnings results on Friday. The company reported GBX (0.10) ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Cloudbreak Discovery Stock Performance

LON CDL remained flat at GBX 0.15 ($0.00) on Friday. The company has a fifty day moving average of GBX 0.15 and a 200-day moving average of GBX 0.21. Cloudbreak Discovery has a fifty-two week low of GBX 0.12 ($0.00) and a fifty-two week high of GBX 0.60 ($0.01). The company has a market cap of £1.70 million, a price-to-earnings ratio of -15.00 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.

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.