Dec 04, 2014
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.03 to $0.18.
The split itself did not change the total investment value.
Power Metals Corp. (TSXV:PWM) operates in the Precious metals industry.
Power Metals Corp. company overviewPower Metals Corp.'s most recent stock split was on December 4, 2014. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Power Metals Corp. has split its stock once. This history records one reverse split, on December 4, 2014.
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 Power Metals Corp.'s 1-for-6 reverse split on December 4, 2014, every 6 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.
Power Metals Corp. has not announced a new split in our records. Its most recent split was on December 4, 2014, 11 years ago. Companies announce splits in advance, and any new TSXV:PWM split will appear on this page.
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