Cypress Development Corp. (CVE:CYP – Get Free Report)’s stock price passed 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.
Cypress Development Price Performance
The stock has a market cap of C$35.88 million and a price-to-earnings ratio of -10.75. The company has a 50-day simple moving average of C$1.09 and a two-hundred day simple moving average of C$1.09. The company has a debt-to-equity ratio of 2.83, a quick ratio of 42.15 and a current ratio of 41.79.
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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