Richmond Minerals Inc.

Richmond Minerals Inc.

TTSXV:RMD
0.10
CAD
0.00
(0.00%)
0.01EPS
7.27P/E
2.17MMarket Cap

Latest Stock Split

Oct 05, 2023

1:5

For every 5 shares held, investors received 1. The price per share adjusted from $0.02 to $0.10.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 05, 2023
    Before$0.02
    Split ratio1:5
    After$0.10
    Reverse
  2. Dec 13, 2013
    Before$0.01
    Split ratio1:4
    After$0.06
    Reverse

About Richmond Minerals Inc. stock splits

Richmond Minerals Inc. (TSXV:RMD) operates in the Precious metals industry.

Richmond Minerals Inc. company overview

When did Richmond Minerals Inc. stock split?

Richmond Minerals Inc.'s most recent stock split was on October 5, 2023. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

What is Richmond Minerals Inc.'s stock split history?

Richmond Minerals Inc. (TSXV:RMD) has split its stock 2 times: a 1-for-4 reverse split on December 13, 2013 and a 1-for-5 reverse split on October 5, 2023.

How many times has Richmond Minerals Inc. stock split?

Richmond Minerals Inc. has split its stock 2 times. This history records 2 reverse splits between December 13, 2013 and October 5, 2023.

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 Richmond Minerals Inc.'s 1-for-5 reverse split on October 5, 2023, 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.

Will Richmond Minerals Inc. split its stock again?

Richmond Minerals Inc. has not announced a new split in our records. Its most recent split was on October 5, 2023, 3 years ago. Companies announce splits in advance, and any new TSXV:RMD split will appear on this page.