Jul 09, 2020
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.04 to $0.18.
The split itself did not change the total investment value.
Big Ridge Gold Corp (NEO:BRAU) operates in the Precious metals industry.
Big Ridge Gold Corp company overviewBig Ridge Gold Corp's most recent stock split was on July 9, 2020. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Big Ridge Gold Corp (NEO:BRAU) has split its stock 3 times: a 2-for-7 reverse split on April 19, 2002, a 1-for-10 reverse split on December 21, 2011, and a 1-for-5 reverse split on July 9, 2020.
Big Ridge Gold Corp has split its stock 3 times. This history records 3 reverse splits between April 19, 2002 and July 9, 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 Big Ridge Gold Corp's 1-for-5 reverse split on July 9, 2020, 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.
Big Ridge Gold Corp has not announced a new split in our records. Its most recent split was on July 9, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:BRAU split will appear on this page.
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