Cypress Development (CVE:CYP) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Cypress Development Corp. (CVE:CYPGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.09 and traded as high as C$1.09. Cypress Development shares last traded at C$1.09, with a volume of 33,605 shares traded.

Cypress Development Stock Performance

The company has a fifty 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 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.

About Cypress Development

(Get Free Report)

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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