May 01, 2017
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.07 to $0.45.
The split itself did not change the total investment value.
Abacus Mining & Exploration Corp. (TSXV:AME) operates in the Precious metals industry.
Abacus Mining & Exploration Corp. company overviewAbacus Mining & Exploration Corp.'s most recent stock split was on May 1, 2017. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Abacus Mining & Exploration Corp. (TSXV:AME) has split its stock 2 times: a 1-for-10 reverse split on April 25, 2001 and a 1-for-6 reverse split on May 1, 2017.
Abacus Mining & Exploration Corp. has split its stock 2 times. This history records 2 reverse splits between April 25, 2001 and May 1, 2017.
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 Abacus Mining & Exploration Corp.'s 1-for-6 reverse split on May 1, 2017, 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.
Abacus Mining & Exploration Corp. has not announced a new split in our records. Its most recent split was on May 1, 2017, 9 years ago. Companies announce splits in advance, and any new TSXV:AME split will appear on this page.
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