Shares of Cypress Development Corp. (CVE:CYP – Get Free Report) traded up 1.4% on Thursday. The company traded as high as C$1.09 and last traded at C$1.09. 33,605 shares were traded during trading, a decline of 53% from the average daily volume of 71,527 shares. The stock had previously closed at C$1.07.
Cypress Development Stock Performance
The company has a 50-day moving average price of C$1.09 and a two-hundred day moving average price of C$1.09. The company has a quick ratio of 42.15, a current ratio of 41.79 and a debt-to-equity ratio of 2.83. 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. Cypress Development Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.
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