Apr 26, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.02 to $0.20.
The split itself did not change the total investment value.
Visible Gold Mines Inc. (TSXV:VGD) operates in the Precious metals industry.
Visible Gold Mines Inc. company overviewVisible Gold Mines Inc.'s most recent stock split was on April 26, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Visible Gold Mines Inc. has split its stock once. This history records one reverse split, on April 26, 2017.
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 Visible Gold Mines Inc.'s 1-for-10 reverse split on April 26, 2017, every 10 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.
Visible Gold Mines Inc. has not announced a new split in our records. Its most recent split was on April 26, 2017, 9 years ago. Companies announce splits in advance, and any new TSXV:VGD split will appear on this page.
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