Cypress Development (CVE:CYP) Stock Price Up 1.4% – What’s Next?

by · The Markets Daily

Cypress Development Corp. (CVE:CYP – Get Free Report)’s share price was up 1.4% during mid-day trading on Thursday . The company traded as high as C$1.09 and last traded at C$1.09. Approximately 33,605 shares were traded 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 company has a 50 day moving average of C$1.09 and a two-hundred day moving average of 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 0.69, a quick ratio of 42.15 and a current ratio of 17.56.

Cypress Development Company Profile

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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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