Shares of Cypress Development Corp. (CVE:CYP – Get Free Report) 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 Trading Up 1.4%
The business has a 50 day simple moving average of C$1.09 and a 200-day simple moving average of C$1.09. The stock has a market capitalization of C$35.88 million and a price-to-earnings ratio of -10.75. The company has a debt-to-equity ratio of 0.69, a current ratio of 17.56 and a quick ratio of 42.15.
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.
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