Cypress Development Corp. (CVE:CYP – Get Free Report) passed below its fifty day moving average during trading on Tuesday . 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 Stock Performance
The stock’s 50-day moving average is C$1.09 and its 200-day moving average is C$1.09. The stock has a market cap of C$35.88 million and a price-to-earnings ratio of -10.75. The company has a debt-to-equity ratio of 2.83, a current ratio of 41.79 and a quick ratio of 42.15.
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. Cypress Development Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.
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