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Gaydon Pettit James Sells 10,000 Shares of Cypress Development Corp. (CVE:CYP) Stock

kopsource ·  Dec 1, 2022 07:42

Cypress Development Corp. (CVE:CYP – Get Rating) Director Gaydon Pettit James sold 10,000 shares of the firm's stock in a transaction on Friday, November 25th. The stock was sold at an average price of C$1.02, for a total transaction of C$10,200.00. Following the completion of the sale, the director now directly owns 745,100 shares in the company, valued at approximately C$760,002.

Cypress Development Stock Performance

Shares of CVE:CYP opened at C$1.05 on Thursday. The company has a current ratio of 42.83, a quick ratio of 42.15 and a debt-to-equity ratio of 1.50. The company has a 50-day moving average price of C$1.14 and a 200-day moving average price of C$1.20. The company has a market cap of C$153.85 million and a price-to-earnings ratio of -42.00. Cypress Development Corp. has a 12 month low of C$0.97 and a 12 month high of C$2.39.

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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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