Cloudbreak Discovery (LON:CDL) Sets New 12-Month Low – Should You Sell?

Cloudbreak Discovery Plc (LON:CDL)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.10 ($0.00), with a volume of 6379120 shares. The stock had previously closed at GBX 0.13 ($0.00).

Cloudbreak Discovery Price Performance

The company has a 50-day simple moving average of GBX 0.15 and a 200-day simple moving average of GBX 0.19. The stock has a market cap of £1.13 million, a PE ratio of -0.40 and a beta of -0.14. The company has a debt-to-equity ratio of 22.18, a current ratio of 1.13 and a quick ratio of 0.39.

Cloudbreak Discovery (LON:CDL) last released its quarterly earnings data on Friday, January 31st. The company reported GBX (0.10) ($0.00) earnings per share (EPS) 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.