Sarama Resources Ltd.

Sarama Resources Ltd.

0.03
CAD
+0.00
(-16.67%)
-0.01EPS

Latest Stock Split

Oct 09, 2020

1:3

For every 3 shares held, investors received 1. The price per share adjusted from $0.13 to $0.38.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 09, 2020
    Before$0.13
    Split ratio1:3
    After$0.38
    Reverse

About Sarama Resources Ltd. stock splits

Sarama Resources Ltd. (NEO:SWA) operates in the Precious metals industry.

Sarama Resources Ltd. company overview

When did Sarama Resources Ltd. stock split?

Sarama Resources Ltd.'s most recent stock split was on October 9, 2020. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.

How many times has Sarama Resources Ltd. stock split?

Sarama Resources Ltd. has split its stock once. This history records one reverse split, on October 9, 2020.

What is a reverse stock split?

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 Sarama Resources Ltd.'s 1-for-3 reverse split on October 9, 2020, 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.

Will Sarama Resources Ltd. split its stock again?

Sarama Resources Ltd. has not announced a new split in our records. Its most recent split was on October 9, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:SWA split will appear on this page.