Dec 04, 2018
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.
Nevado Resources Corporation Class A (TSXV:VDO.H) operates in the Other metals/Minerals industry.
Nevado Resources Corporation Class A company overviewNevado Resources Corporation Class A's most recent stock split was on December 4, 2018. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Nevado Resources Corporation Class A has split its stock once. This history records one reverse split, on December 4, 2018.
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 Nevado Resources Corporation Class A's 1-for-20 reverse split on December 4, 2018, 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.
Nevado Resources Corporation Class A has not announced a new split in our records. Its most recent split was on December 4, 2018, 7 years ago. Companies announce splits in advance, and any new TSXV:VDO.H split will appear on this page.
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