Shares of Cypress Development Corp. (CVE:CYP – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.09 and traded as high as C$1.09. Cypress Development shares last traded at C$1.09, with a volume of 33,605 shares trading hands.
Cypress Development Price Performance
The firm’s fifty day moving average price is C$1.09 and its 200 day moving average price is C$1.09. The firm has a market capitalization of C$159.72 million and a PE ratio of -43.60. The company has a current ratio of 42.83, a quick ratio of 42.15 and a debt-to-equity ratio of 1.50.
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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