Jan 09, 2023
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
Ridgestone Mining, Inc. (TSXV:RMI) operates in the Precious metals industry.
Ridgestone Mining, Inc. company overviewRidgestone Mining, Inc.'s most recent stock split was on January 9, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Ridgestone Mining, Inc. (TSXV:RMI) has split its stock 2 times: a 2-for-1 split on May 14, 2018 and a 1-for-20 reverse split on January 9, 2023.
Ridgestone Mining, Inc. has split its stock 2 times. This history records 2 splits between May 14, 2018 and January 9, 2023.
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 Ridgestone Mining, Inc.'s 1-for-20 reverse split on January 9, 2023, every 20 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.
Ridgestone Mining, Inc. has not announced a new split in our records. Its most recent split was on January 9, 2023, 3 years ago. Companies announce splits in advance, and any new TSXV:RMI split will appear on this page.
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