Apr 17, 2019
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $0.04 to $0.32.
The split itself did not change the total investment value.
Volcanic Gold Mines Inc. (NEO:VG) operates in the Precious metals industry.
Volcanic Gold Mines Inc. company overviewVolcanic Gold Mines Inc.'s most recent stock split was on April 17, 2019. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Volcanic Gold Mines Inc. (NEO:VG) has split its stock 2 times: a 1-for-10 reverse split on May 6, 2013 and a 1-for-7 reverse split on April 17, 2019.
Volcanic Gold Mines Inc. has split its stock 2 times. This history records 2 reverse splits between May 6, 2013 and April 17, 2019.
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 Volcanic Gold Mines Inc.'s 1-for-7 reverse split on April 17, 2019, every 7 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.
Volcanic Gold Mines Inc. has not announced a new split in our records. Its most recent split was on April 17, 2019, 7 years ago. Companies announce splits in advance, and any new NEO:VG split will appear on this page.
Already premium?