Cypress Development Corp. (CVE:CYP – Get Free Report) rose 1.4% during mid-day trading on Monday . The stock traded as high as C$1.09 and last traded at C$1.09. Approximately 33,605 shares traded hands during mid-day 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 Trading Up 1.4%
The firm’s 50 day moving average price is C$1.09 and its 200-day moving average price is C$1.09. The stock has a market cap of C$35.88 million and a P/E ratio of -10.75. The company has a debt-to-equity ratio of 0.69, a current ratio of 17.56 and a quick ratio of 42.15.
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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