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Cloudbreak Discovery PLC ( (GB:CDL) ) has provided an announcement.
Cloudbreak Discovery PLC has reported highly encouraging initial assay results from its maiden site visit to the Crofton Gold Project in Western Australia, with rock chip samples returning grades of up to 162.35 g/t gold and 15 samples exceeding 1 g/t, confirming and extending previously reported high-grade mineralisation across a 1km by 4km area of extensive quartz veining. The company plans immediate follow-up work, including systematic soil sampling, geological mapping and further rock chip programs to define drill targets, while a £1.85m equity placing from existing institutional investors strengthens its balance sheet to fund an intensified gold exploration campaign in the Pilbara, consolidate its recently acquired Crofton and Darlot West assets, and advance its broader Australian gold portfolio amid supportive precious metals prices.
The most recent analyst rating on (GB:CDL) stock is a Sell with a £0.71 price target. To see the full list of analyst forecasts on Cloudbreak Discovery PLC stock, see the GB:CDL Stock Forecast page.
Spark’s Take on GB:CDL Stock
According to Spark, TipRanks’ AI Analyst, GB:CDL is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses/cash burn, and negative equity in 2025). Offsetting this are constructive technical trends (price above major moving averages) and a string of positive corporate developments around project acquisitions and exploration progress, while valuation remains challenged due to loss-making results.
To see Spark’s full report on GB:CDL stock, click here.
More about Cloudbreak Discovery PLC
Cloudbreak Discovery PLC is a London-listed mineral exploration company focused on gold, precious and base metals, with a primary operational emphasis on Western Australia. Through wholly owned subsidiaries, it aims to develop a portfolio of high-value mineral assets and generate new projects, using a multi-asset, generative exploration model to capture opportunities across the commodity cycle and deliver near-term cashflow and shareholder value.
Average Trading Volume: 13,417,056
Technical Sentiment Signal: Buy
Current Market Cap: £9.12M
See more insights into CDL stock on TipRanks’ Stock Analysis page.