Mar 03, 2022
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.06 to $0.27.
The split itself did not change the total investment value.
Sierra Grande Minerals Inc (CSE:SGRO) operates in the Precious metals industry.
Sierra Grande Minerals Inc company overviewSierra Grande Minerals Inc's most recent stock split was on March 3, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Sierra Grande Minerals Inc (CSE:SGRO) has split its stock 3 times: a 1-for-10 reverse split on December 24, 2010, a 1-for-5 reverse split on October 10, 2014, and a 1-for-5 reverse split on March 3, 2022.
Sierra Grande Minerals Inc has split its stock 3 times. This history records 3 reverse splits between December 24, 2010 and March 3, 2022.
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 Sierra Grande Minerals Inc's 1-for-5 reverse split on March 3, 2022, every 5 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.
Sierra Grande Minerals Inc has not announced a new split in our records. Its most recent split was on March 3, 2022, 4 years ago. Companies announce splits in advance, and any new CSE:SGRO split will appear on this page.
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