Sep 05, 2025
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $1.27 to $7.62.
The split itself did not change the total investment value.
Erdene Resource Development Corporation (TSX:ERD) operates in the Precious metals industry.
Erdene Resource Development Corporation company overviewErdene Resource Development Corporation's most recent stock split was on September 5, 2025. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Erdene Resource Development Corporation (TSX:ERD) has split its stock 2 times: a 1-for-2 reverse split on November 9, 2012 and a 1-for-6 reverse split on September 5, 2025.
Erdene Resource Development Corporation has split its stock 2 times. This history records 2 reverse splits between November 9, 2012 and September 5, 2025.
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 Erdene Resource Development Corporation's 1-for-6 reverse split on September 5, 2025, every 6 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.
Erdene Resource Development Corporation has not announced a new split in our records. Its most recent split was on September 5, 2025, 1 year ago. Companies announce splits in advance, and any new TSX:ERD split will appear on this page.
Already premium?