Hindsight Market

The Graveyard › 1998

Amax Gold Inc

AU · Metal Mining · NYSE · in our data August 11, 1987 to June 1, 1998 (10.8 years)

The first trading day in our data for Amax Gold Inc is August 11, 1987 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 11, 1987, the market valued it at $1.3 billion. By the end it had fallen hard: the last trade was $2.81, -86.0% from its split-adjusted high. The delisting record says: delisted or deregistered.

1987-081998-06
Peak market value$1.3 billionAugust 11, 1987
Highest split-adjusted share price$20.09August 11, 1987
Last share price$2.81June 1, 1998
From its split-adjusted high to the end-86.0%
Return over the days in our data-86.0%with dividends, before the last trade
Worst single day-20.4%November 25, 1997

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1987. How these numbers are made · Report a data issue.

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Also gone in 1998: Metal Mining