Apr 10, 2018
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.03 to $0.12.
The split itself did not change the total investment value.
Desert Mountain Energy Corp. (NEO:DME) operates in the Integrated oil industry.
Desert Mountain Energy Corp. company overviewDesert Mountain Energy Corp.'s most recent stock split was on April 10, 2018. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Desert Mountain Energy Corp. has split its stock once. This history records one reverse split, on April 10, 2018.
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 Desert Mountain Energy Corp.'s 1-for-4 reverse split on April 10, 2018, every 4 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.
Desert Mountain Energy Corp. has not announced a new split in our records. Its most recent split was on April 10, 2018, 8 years ago. Companies announce splits in advance, and any new NEO:DME split will appear on this page.
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