Cypress Development Corp. (CVE:CYP – Get Free Report)’s stock price rose 1.4% during trading on Tuesday . The stock traded as high as C$1.09 and last traded at C$1.09. Approximately 33,605 shares traded hands during trading, a decline of 53% from the average daily volume of 71,527 shares. The stock had previously closed at C$1.08.
Cypress Development Price Performance
The company has a market capitalization of C$159.72 million and a P/E ratio of -43.60. The firm’s fifty day moving average is C$1.09 and its 200 day moving average is 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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