Perpetua Resources Corp. Investors: Company Investigated by the Portnoy Law Firm
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Perpetua Resources Corp. (PPTA) is under investigation by the Portnoy Law Firm following a substantial increase in capital expenses for its Stibnite Gold Project. The company revealed an additional $952 million in costs, representing a 75% increase over original estimates, which led to a 22.39% stock price drop on February 14, 2025.
March 31, 2025 | 10:45 pm
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Potential class action lawsuit initiated after significant cost overruns and stock price decline, focusing on alleged inadequate investor communication
The investigation suggests potential securities fraud, which could lead to further legal and financial complications for Perpetua Resources. The significant cost overrun and subsequent stock price drop indicate investor confidence has been severely impacted.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100