Sep 05, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.01 to $0.07.
The split itself did not change the total investment value.
Orestone Mining Corp. (TSXV:ORS) operates in the Precious metals industry.
Orestone Mining Corp. company overviewOrestone Mining Corp.'s most recent stock split was on September 5, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Orestone Mining Corp. (TSXV:ORS) has split its stock 3 times: a 1-for-12 reverse split on February 8, 2011, a 1-for-4 reverse split on September 19, 2012, and a 1-for-5 reverse split on September 5, 2017.
Orestone Mining Corp. has split its stock 3 times. This history records 3 reverse splits between February 8, 2011 and September 5, 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 Orestone Mining Corp.'s 1-for-5 reverse split on September 5, 2017, 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.
Orestone Mining Corp. has not announced a new split in our records. Its most recent split was on September 5, 2017, 9 years ago. Companies announce splits in advance, and any new TSXV:ORS split will appear on this page.
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