May 23, 2024
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Red Metal Resources Ltd. (NEO:RMES) operates in the Other metals/Minerals industry.
Red Metal Resources Ltd. company overviewRed Metal Resources Ltd.'s most recent stock split was on May 23, 2024. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Red Metal Resources Ltd. (NEO:RMES) has split its stock 3 times: a 13-for-1 split on July 2, 2007, a 1-for-14 reverse split on November 19, 2009, and a 1-for-3 reverse split on May 23, 2024.
Red Metal Resources Ltd. has split its stock 3 times. This history records 3 splits between July 2, 2007 and May 23, 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 Red Metal Resources Ltd.'s 1-for-3 reverse split on May 23, 2024, 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.
Red Metal Resources Ltd. has not announced a new split in our records. Its most recent split was on May 23, 2024, 2 years ago. Companies announce splits in advance, and any new NEO:RMES split will appear on this page.
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