Cypress Development (CVE:CYP) Stock Price Up 24.1%

Cypress Development Corp. (CVE:CYPGet Rating) shares rose 24.1% during mid-day trading on Monday . The company traded as high as C$1.45 and last traded at C$1.39. Approximately 339,913 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 251,063 shares. The stock had previously closed at C$1.12.

Cypress Development Trading Down 3.9 %

The business has a fifty day moving average of C$1.25 and a 200-day moving average of C$1.36. The company has a debt-to-equity ratio of 1.59, a quick ratio of 34.04 and a current ratio of 34.54. The company has a market capitalization of C$197.08 million and a P/E ratio of -53.80.

About Cypress Development

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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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