Oct 25, 2022
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.07 to $0.33.
The split itself did not change the total investment value.
Golconda Gold Ltd (TSXV:GG) operates in the Precious metals industry.
Golconda Gold Ltd company overviewGolconda Gold Ltd's most recent stock split was on October 25, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Golconda Gold Ltd (TSXV:GG) has split its stock 3 times: a 1-for-4 reverse split on September 6, 2011, a 9-for-5 split on April 6, 2016, and a 1-for-5 reverse split on October 25, 2022.
Golconda Gold Ltd has split its stock 3 times. This history records 3 splits between September 6, 2011 and October 25, 2022.
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 Golconda Gold Ltd's 1-for-5 reverse split on October 25, 2022, every 5 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.
Golconda Gold Ltd has not announced a new split in our records. Its most recent split was on October 25, 2022, 3 years ago. Companies announce splits in advance, and any new TSXV:GG split will appear on this page.
Already premium?