Cypress Development Corp. (CVE:CYP – Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 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 traded.
Cypress Development Trading Up 1.4 %
The company has a debt-to-equity ratio of 0.69, a current ratio of 17.56 and a quick ratio of 42.15. The business has a fifty day moving average of C$1.09 and a 200-day 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.
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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