Apr 16, 2020
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.04 to $0.14.
The split itself did not change the total investment value.
American Pacific Mining Corp. (CSE:USGD) operates in the Precious metals industry.
American Pacific Mining Corp. company overviewAmerican Pacific Mining Corp.'s most recent stock split was on April 16, 2020. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
American Pacific Mining Corp. has split its stock once. This history records one reverse split, on April 16, 2020.
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 American Pacific Mining Corp.'s 1-for-3 reverse split on April 16, 2020, every 3 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.
American Pacific Mining Corp. has not announced a new split in our records. Its most recent split was on April 16, 2020, 6 years ago. Companies announce splits in advance, and any new CSE:USGD split will appear on this page.
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