Magna Mining Inc

Magna Mining Inc

1.98
CAD
+0.10
(+5.32%)
-0.21EPS
524.23MMarket Cap
Nov 25Next Earn

Latest Stock Split

May 11, 2021

1:4

For every 4 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. May 11, 2021
    Before—
    Split ratio1:4
    After—
    Reverse

About Magna Mining Inc stock splits

Magna Mining Inc (TSX:NICU) operates in the Other metals/Minerals industry.

Magna Mining Inc company overview

When did Magna Mining Inc stock split?

Magna Mining Inc's most recent stock split was on May 11, 2021. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.

How many times has Magna Mining Inc stock split?

Magna Mining Inc has split its stock once. This history records one reverse split, on May 11, 2021.

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 Magna Mining Inc's 1-for-4 reverse split on May 11, 2021, 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.

Will Magna Mining Inc split its stock again?

Magna Mining Inc has not announced a new split in our records. Its most recent split was on May 11, 2021, 5 years ago. Companies announce splits in advance, and any new TSX:NICU split will appear on this page.