Nov 22, 2022
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.02 to $0.06.
The split itself did not change the total investment value.
Quadro Resources Ltd. (TSXV:QRO) operates in the Precious metals industry.
Quadro Resources Ltd. company overviewQuadro Resources Ltd.'s most recent stock split was on November 22, 2022. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Quadro Resources Ltd. (TSXV:QRO) has split its stock 3 times: a 1-for-7 reverse split on May 4, 2009, a 1-for-2 reverse split on July 4, 2017, and a 1-for-3 reverse split on November 22, 2022.
Quadro Resources Ltd. has split its stock 3 times. This history records 3 reverse splits between May 4, 2009 and November 22, 2022.
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 Quadro Resources Ltd.'s 1-for-3 reverse split on November 22, 2022, every 3 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.
Quadro Resources Ltd. has not announced a new split in our records. Its most recent split was on November 22, 2022, 3 years ago. Companies announce splits in advance, and any new TSXV:QRO split will appear on this page.
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