Cypress Development Corp. (CVE:CYP – Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 trading hands.
Cypress Development Trading Up 1.4%
The stock has a fifty day moving average of C$1.09 and a 200-day 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. The company has a market cap of C$35.88 million and a PE ratio of -10.75.
About Cypress Development
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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