Shares of Cypress Development Corp. (CVE:CYP – Get Free Report) crossed below its fifty day moving average during trading on Thursday . 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 company has a market cap of C$35.88 million and a P/E ratio of -10.75. The company has a 50 day moving average price of C$1.09 and a 200-day moving average price of C$1.09. The company has a quick ratio of 42.15, a current ratio of 41.79 and a debt-to-equity ratio of 2.83.
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. Cypress Development Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.
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