Apr 09, 2020
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.08 to $0.16.
The split itself did not change the total investment value.
Golden Pursuit Resources Ltd. (TSXV:GDP) operates in the Precious metals industry.
Golden Pursuit Resources Ltd. company overviewGolden Pursuit Resources Ltd.'s most recent stock split was on April 9, 2020. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Golden Pursuit Resources Ltd. (TSXV:GDP) has split its stock 4 times: a 1-for-3 reverse split on August 19, 2004, a 1-for-20 reverse split on November 21, 2007, a 1-for-4 reverse split on November 26, 2013, and a 1-for-2 reverse split on April 9, 2020.
Golden Pursuit Resources Ltd. has split its stock 4 times. This history records 4 reverse splits between August 19, 2004 and April 9, 2020.
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 Golden Pursuit Resources Ltd.'s 1-for-2 reverse split on April 9, 2020, every 2 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.
Golden Pursuit Resources Ltd. has not announced a new split in our records. Its most recent split was on April 9, 2020, 6 years ago. Companies announce splits in advance, and any new TSXV:GDP split will appear on this page.
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