Cypress Development (CVE:CYP) Shares Pass Below 50-Day Moving Average of $1.09

Shares of Cypress Development Corp. (CVE:CYPGet Free Report) passed below its fifty day moving average during trading on Tuesday . 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 changing hands.

Cypress Development Trading Up 1.4 %

The company has a market cap of C$159.72 million and a price-to-earnings ratio of -43.60. The company has a quick ratio of 42.15, a current ratio of 42.83 and a debt-to-equity ratio of 1.50. The company’s 50-day moving average is C$1.09 and its 200 day moving average is C$1.09.

Cypress Development Company Profile

(Get Free Report)

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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