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Stock Weekly: Cypress Development (CYP:CAD1.48) tumbles 12% on high volume

Feb 19, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions


Cypress Development Corp. (TSXV:CYP), Canada's 162nd largest Metals & mining company by market cap, has dropped 21.0c (or 12.4%) in the past week to close at CAD1.48. Compared with the S&P/TSX 60 Index which fell 2.3 points (or 0.2%) in the week, this represented a relative price change of -12.2%.

The price ranged between a low of CAD1.63 on Feb 11 and a high of CAD1.86 on Feb 16. In the past week the market cap has plunged by CAD21.4 million ($16.9 mill...