Cypress Development Corp. (CVE:CYP – Get Free Report) crossed below its 50-day moving average during trading on Friday . 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.
Cypress Development Price Performance
The company has a market cap of C$159.72 million and a price-to-earnings ratio of -43.60. The company’s 50-day simple moving average is C$1.09 and its 200-day simple moving average is C$1.09. The company has a debt-to-equity ratio of 1.50, a current ratio of 42.83 and a quick ratio of 42.15.
Cypress Development Company Profile
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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