Shares of Cypress Development Corp. (CVE:CYP – Get Free Report) crossed 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 trading hands.
Cypress Development Stock Up 1.4 %
The company has a current ratio of 17.56, a quick ratio of 42.15 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of C$35.88 million and a P/E ratio of -10.75. The stock’s 50 day simple moving average is C$1.09 and its 200 day simple moving average is C$1.09.
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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