Feb 08, 2023
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.23 to $0.46.
The split itself did not change the total investment value.
Discovery Energy Metals Corp. (NEO:DEMC) operates in the Precious metals industry.
Discovery Energy Metals Corp. company overviewDiscovery Energy Metals Corp.'s most recent stock split was on February 8, 2023. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Discovery Energy Metals Corp. has split its stock once. This history records one reverse split, on February 8, 2023.
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 Discovery Energy Metals Corp.'s 1-for-2 reverse split on February 8, 2023, every 2 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.
Discovery Energy Metals Corp. has not announced a new split in our records. Its most recent split was on February 8, 2023, 3 years ago. Companies announce splits in advance, and any new NEO:DEMC split will appear on this page.
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