Cypress Development Corp. (CVE:CYP – Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.09 and traded as low as C$1.06. Cypress Development shares last traded at C$1.09, with a volume of 33,605 shares traded.
Cypress Development Price Performance
The business’s 50 day moving average price is C$1.09 and its two-hundred day moving average price is C$1.09. The company has a current ratio of 42.83, a quick ratio of 42.15 and a debt-to-equity ratio of 1.50. The stock has a market cap of C$159.72 million and a P/E ratio of -43.60.
Cypress Development Company Profile
Cypress Development Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for lithium, zinc, and silver deposits. The company's flagship project is the Clayton Valley project that covers an area of approximately 5,430 acres located in southwest Nevada.
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