Nov 14, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.03 to $0.25.
The split itself did not change the total investment value.
Gorilla Gold Mines Ltd (ASX:GG8) operates in the Precious metals industry.
Gorilla Gold Mines Ltd company overviewGorilla Gold Mines Ltd's most recent stock split was on November 14, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Gorilla Gold Mines Ltd (ASX:GG8) has split its stock 8 times: a 1-for-10 reverse split on June 29, 2001, a 1-for-10 reverse split on December 6, 2010, a 165-for-164 split on June 15, 2011, a 15-for-13 split on November 26, 2013, a 1-for-130 reverse split on December 22, 2017, a 85-for-82 split on July 12, 2023, a 610-for-429 split on September 18, 2024, and a 1-for-10 reverse split on November 14, 2024.
Gorilla Gold Mines Ltd has split its stock 8 times. This history records 8 splits between June 29, 2001 and November 14, 2024.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Gorilla Gold Mines Ltd's 1-for-10 reverse split on November 14, 2024, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Gorilla Gold Mines Ltd has not announced a new split in our records. Its most recent split was on November 14, 2024, 1 year ago. Companies announce splits in advance, and any new ASX:GG8 split will appear on this page.
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