Dec 01, 2017
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $0.04 to $0.28.
The split itself did not change the total investment value.
Granada Gold Mine Inc. (TSXV:GGM) operates in the Precious metals industry.
Granada Gold Mine Inc. company overviewGranada Gold Mine Inc.'s most recent stock split was on December 1, 2017. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Granada Gold Mine Inc. (TSXV:GGM) has split its stock 2 times: a 1-for-10 reverse split on September 9, 2003 and a 1-for-8 reverse split on December 1, 2017.
Granada Gold Mine Inc. has split its stock 2 times. This history records 2 reverse splits between September 9, 2003 and December 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 Granada Gold Mine Inc.'s 1-for-8 reverse split on December 1, 2017, every 8 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.
Granada Gold Mine Inc. has not announced a new split in our records. Its most recent split was on December 1, 2017, 8 years ago. Companies announce splits in advance, and any new TSXV:GGM split will appear on this page.
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