New Destiny Mining Corp.

New Destiny Mining Corp.

0.03
CAD
+0.01
(+25.00%)
-0.02EPS
791,198.42Market Cap

Latest Stock Split

Aug 08, 2016

1:16

For every 16 shares held, investors received 1. The price per share adjusted from $0.01 to $0.24.

The split itself did not change the total investment value.

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Stock Split History

  1. Aug 08, 2016
    Before$0.01
    Split ratio1:16
    After$0.24
    Reverse

About New Destiny Mining Corp. stock splits

New Destiny Mining Corp. (TSXV:NED) operates in the Other metals/Minerals industry.

New Destiny Mining Corp. company overview

When did New Destiny Mining Corp. stock split?

New Destiny Mining Corp.'s most recent stock split was on August 8, 2016. It was a 1-for-16 reverse split, so shareholders received 1 share for every 16 they held.

How many times has New Destiny Mining Corp. stock split?

New Destiny Mining Corp. has split its stock once. This history records one reverse split, on August 8, 2016.

What is a reverse stock split?

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 New Destiny Mining Corp.'s 1-for-16 reverse split on August 8, 2016, every 16 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.

Will New Destiny Mining Corp. split its stock again?

New Destiny Mining Corp. has not announced a new split in our records. Its most recent split was on August 8, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:NED split will appear on this page.