Cypress Development Corp. (CVE:CYP – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . 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 traded.
Cypress Development Stock Performance
The business’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 market capitalization of C$159.72 million and a P/E ratio of -43.60. The company has a debt-to-equity ratio of 1.50, a quick ratio of 42.15 and a current ratio of 42.83.
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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