Cypress Development Corp. (CVE:CYP – Get Free Report) shares 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 business has a 50-day moving average price of C$1.09 and a 200 day moving average price of C$1.09. The stock has a market cap 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.
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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