Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Cloudbreak Discovery PLC ( (GB:CDL) ) has issued an announcement.
Cloudbreak Discovery PLC reported a pre-tax loss of £855,966 for the year ended June 30, 2024, reflecting a significant improvement from the previous year. After a major restructuring and debt retirement, the company remains focused on streamlining operations and seeking new capital for project development. Despite limited cash resources, Cloudbreak is actively pursuing late-stage mining and oil and gas projects, with a focus on valuable exploration opportunities in North and South America and Africa. The company has several projects under management, including copper, gold, and lithium targets, and aims to enhance shareholder value through strategic investments and partnerships. The successful development of G2 Energy Corp. and securing additional funding are crucial for Cloudbreak’s future growth and operational stability.
More about Cloudbreak Discovery PLC
Cloudbreak Discovery PLC is a London-listed company specializing in early-stage natural resource investments and project generation, focusing on the mining and oil & gas sectors. The company is involved in identifying and securing acquisition opportunities and manages a portfolio of mineral exploration projects and investments, including an operating oil and gas field.
YTD Price Performance: 0.0%
Average Trading Volume: 2,225,378
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.7M
For an in-depth examination of CDL stock, go to TipRanks’ Stock Analysis page.
