Cypress Development Corp. (CVE:CYP – Get Free Report) shares crossed below its 50-day moving average during trading on Monday . 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 Price Performance
The stock’s fifty day moving average is C$1.09 and its 200-day moving average is C$1.09. The stock has a market capitalization of C$35.88 million and a PE ratio of -10.75. The company has a debt-to-equity ratio of 2.83, a current ratio of 41.79 and a quick ratio of 42.15.
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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