Cypress Development Corp. (CVE:CYP – Get Free Report)’s share price passed below its fifty day moving average during trading on Thursday . 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 Stock Performance
The company’s fifty day simple moving average is C$1.09 and its 200 day simple moving average is C$1.09. The company has a current ratio of 17.56, a quick ratio of 42.15 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of C$35.88 million and a P/E 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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