Cypress Development Corp. (CVE:CYP – Get Free Report)’s stock price 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.
Cypress Development Price Performance
The stock has a market cap of C$159.72 million and a price-to-earnings ratio of -43.60. The stock’s 50 day moving average price is C$1.09 and its two-hundred day moving average price is C$1.09. The company has a quick ratio of 42.15, a current ratio of 42.83 and a debt-to-equity ratio of 1.50.
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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