Shares of Cypress Development Corp. (CVE:CYP – Get Free Report) crossed below its 50-day moving average during trading on Thursday . 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 Price Performance
The company has a market capitalization of C$159.72 million and a price-to-earnings ratio of -43.60. The company has a fifty day simple moving average of C$1.09 and a two-hundred day simple moving average of C$1.09. The company has a debt-to-equity ratio of 1.50, a quick ratio of 42.15 and a current ratio of 42.83.
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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