Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Perpetua Resources Corp. (PPTA)
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Gainey McKenna & Egleston has filed a securities class action lawsuit against Perpetua Resources Corp. (PPTA) alleging the company misled investors about the capital expenses for the Stibnite Gold Project. The lawsuit claims Perpetua understated potential cost increases, with actual project expenses rising over 75% from original estimates, causing the stock to drop 22.39% when the true costs were revealed.

March 25, 2025 | 10:00 pm
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A class action lawsuit alleges Perpetua Resources misrepresented project costs, potentially damaging investor confidence and exposing the company to legal and financial risks.
The lawsuit directly targets PPTA, alleging material misrepresentation of project costs. The 22.39% stock price drop and potential legal damages suggest significant negative short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100