Jul 11, 2013
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Metallis Resources Inc. (TSXV:MTS) operates in the Precious metals industry.
Metallis Resources Inc. company overviewMetallis Resources Inc.'s most recent stock split was on July 11, 2013. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Metallis Resources Inc. (TSXV:MTS) has split its stock 2 times: a 2-for-1 split on January 18, 2010 and a 1-for-5 reverse split on July 11, 2013.
Metallis Resources Inc. has split its stock 2 times. This history records 2 splits between January 18, 2010 and July 11, 2013.
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 Metallis Resources Inc.'s 1-for-5 reverse split on July 11, 2013, 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.
Metallis Resources Inc. has not announced a new split in our records. Its most recent split was on July 11, 2013, 13 years ago. Companies announce splits in advance, and any new TSXV:MTS split will appear on this page.
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