Cypress Development Corp. (CVE:CYP – Get Free Report) shot up 1.4% during mid-day trading on Friday . The company traded as high as C$1.09 and last traded at C$1.09. 33,605 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 71,527 shares. The stock had previously closed at C$1.08.
Cypress Development Stock Up 1.4 %
The company has a debt-to-equity ratio of 0.69, a quick ratio of 42.15 and a current ratio of 17.56. The company’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 capitalization of C$35.88 million and a P/E ratio of -10.75.
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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