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 Video: What is a Stock Split?
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| New Pacific Metals is an exploration stage company engaged in the acquisition and exploration of mineral property interests. According to our NEWP split history records, New Pacific Metals has had 1 split. | |
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New Pacific Metals (NEWP) has 1 split in our NEWP split history database. The split for NEWP took place on June 01, 2000. This was a 3 for 1
split, meaning for each share of NEWP owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as New Pacific Metals splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the NEWP split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into New Pacific Metals shares, starting with a $10,000 purchase of NEWP, presented on a split-history-adjusted basis factoring in the complete NEWP split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
09/28/2012 |
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| End date: |
09/26/2022 |
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| Start price/share: |
$0.64 |
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| End price/share: |
$1.98 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
209.38% |
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| Average Annual Total Return: |
11.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$30,947.74 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/01/2000 | 3 for 1
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