Dec 12, 2024
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Canadian Gold Resources Ltd. (NEO:CAN) operates in the Precious metals industry.
Canadian Gold Resources Ltd. company overviewCanadian Gold Resources Ltd.'s most recent stock split was on December 12, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Canadian Gold Resources Ltd. (NEO:CAN) has split its stock 2 times: a 1-for-20 reverse split on August 31, 2018 and a 1-for-5 reverse split on December 12, 2024.
Canadian Gold Resources Ltd. has split its stock 2 times. This history records 2 reverse splits between August 31, 2018 and December 12, 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 Canadian Gold Resources Ltd.'s 1-for-5 reverse split on December 12, 2024, 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.
Canadian Gold Resources Ltd. has not announced a new split in our records. Its most recent split was on December 12, 2024, 1 year ago. Companies announce splits in advance, and any new NEO:CAN split will appear on this page.
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