Class Action Filed Against Perpetua Resources Corp. (PPTA) Seeking Recovery for Investors - Contact Levi & Korsinsky
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Perpetua Resources Corp. (PPTA) is facing a class action lawsuit alleging securities fraud between April 2024 and February 2025. The lawsuit claims the company misled investors about initial capital expenditure for the Stibnite Gold Project by minimizing potential cost increases. On February 13, 2025, Perpetua revealed an additional $952 million in capital expenses, representing a 75% increase from original projections, which caused the stock price to drop 22.39% in a single day.

March 25, 2025 | 3:45 pm
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NEGATIVE IMPACT
Perpetua Resources stock experienced significant decline after revealing substantial cost overruns in its Stibnite Gold Project, triggering a class action lawsuit alleging securities fraud.
The lawsuit and significant cost disclosure suggest potential ongoing financial and legal challenges that could negatively impact investor confidence and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100