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Perpetua Resources Corp. Stockholder News: Robbins LLP Reminds Investors of the Class Action Lawsuit Against PPTA
GlobeNewswire News Room· 2025-03-26 20:59
SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Perpetua Resources Corp. (NASDAQ: PPTA) securities between April 17, 2024 and February 13, 2025. Perpetua is a development-stage company engaged in acquiring mining properties to move them into production where warranted. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegat ...
Class Action Filed Against Perpetua Resources Corp. (PPTA) - May 20, 2025 Deadline to Join – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-03-26 15:11
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Perpetua Resources Corp. (NASDAQ: PPTA). Shareholders who purchased shares of PPTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/perpetua-resources-corp-loss-submission-form/?id=138515&from=3  CLASS PE ...
PPTA Investors Have Opportunity to Lead Perpetua Resources Corp. Securities Fraud Lawsuit
Prnewswire· 2025-03-26 06:21
Core Viewpoint - A class action lawsuit has been filed against Perpetua Resources Corp. on behalf of shareholders who purchased securities between April 17, 2024, and February 13, 2025, due to alleged misrepresentation of the costs associated with the Stibnite Gold Project [1][5]. Group 1: Lawsuit Details - The lawsuit claims that during the class period, the defendants provided misleading information regarding the true costs of the Stibnite Gold Project, particularly concerning inflation impacts and undisclosed decisions that led to a significant increase in projected initial capital expenses [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased Perpetua securities during the class period [2]. Group 2: Participation Information - Interested parties can join the class action by visiting the provided link or contacting the law firm directly. A lead plaintiff must file a motion by May 20, 2025, to represent other class members [3][6]. - It is noted that no class has been certified yet, meaning investors are not represented by counsel unless they choose to retain one [7]. Group 3: Law Firm Credentials - The Rosen Law Firm, which is handling the case, has a strong track record in securities class actions, having achieved significant settlements in the past, including over $438 million for investors in 2019 [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 20, 2025 in Perpetua Resources Corp. Lawsuit - PPTA
Prnewswire· 2025-03-25 21:52
NEW YORK, March 25, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Perpetua Resources Corp. ("Perpetua Resources Corp." or the "Company") (NASDAQ: PPTA) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by alleged securities fraud between April 17, 2024 and February 13, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.c ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Perpetua Resources Corp. (PPTA)
GlobeNewswire News Room· 2025-03-25 21:42
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Idaho on behalf of all persons or entities who purchased or otherwise acquired Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ: PPTA) securities between April 17, 2024 and February 13, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants created the false impression that they posses ...
PERPETUA RESOURCES CORP. (NASDAQ: PPTA) INVESTOR ALERT: Investors With Large Losses in Perpetua Resources Corp. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
GlobeNewswire News Room· 2025-03-25 15:17
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ: PPTA) between April 17, 2024 and February 13, 2025, inclusive. For more information, submit a form at Perpetua Resources Corp. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernli ...
PPTA Investors Have Opportunity to Lead Perpetua Resources Corp. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-03-25 13:27
LOS ANGELES, March 25, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Perpetua Resources Corp. ("Perpetua" or "the Company") (NASDAQ: PPTA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 17, 2024 to February 13, 2025, inclusive (the "Class Pe ...
PERPETUA ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Perpetua Resources Corp. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-25 01:00
Core Viewpoint - A class action lawsuit has been filed against Perpetua Resources Corp. due to significant increases in capital expenditure for the Stibnite Gold Project, which were not adequately disclosed to investors [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Perpetua securities between April 17, 2024, and February 13, 2025, with a deadline of May 20, 2025, for investors to apply as lead plaintiffs [1]. - The complaint alleges that the defendants downplayed the impact of inflation and other factors that could lead to increased capital costs for the Stibnite Gold Project [2]. Financial Impact - On February 13, 2025, Perpetua revealed an updated cash flow model indicating additional capital expenses of $952 million, representing a more than 75% increase from initial estimates [3]. - The increase in costs was attributed to inflation, indirect costs, higher mining costs, and specific design changes, such as switching from timber to steel for electrical poles [3]. - Following this announcement, Perpetua's stock price dropped from $11.97 to $9.29 per share, a decline of approximately 22.39% in one day [3].
Investor Alert: Robbins LLP Informs Investors of the Perpetua Resources Corp. Class Action Lawsuit
Prnewswire· 2025-03-24 21:49
Core Viewpoint - Robbins LLP has filed a class action lawsuit on behalf of investors who acquired Perpetua Resources Corp. (NASDAQ: PPTA) securities between April 17, 2024, and February 13, 2025, alleging that the company misled investors regarding the true costs associated with its Stibnite Gold Project [1][2]. Allegations - The lawsuit claims that Perpetua Resources Corp. created a false impression of having reliable information about the initial capital expenses for the Stibnite Gold Project, while downplaying the risks associated with inflation [2]. - The company suggested a cost increase of only 10% to 20%, which was significantly lower than the actual increase that occurred due to inflation and management decisions [2]. Financial Impact - On February 13, 2025, Perpetua disclosed an updated cash flow model revealing additional capital expenses of $952 million, representing a more than 75% increase from the original estimates provided to investors [3]. - This announcement led to a significant decline in the company's stock price, dropping from $11.97 per share to $9.29 per share, a decrease of approximately 22.39% [3]. Next Steps for Shareholders - Shareholders interested in participating as lead plaintiffs in the class action must file their papers with the court by May 20, 2025 [4]. - Shareholders can choose to remain absent class members if they do not wish to participate in the case [4].
Perpetua Resources Welcomes Executive Order Powering Domestic Critical Mineral Production
Prnewswire· 2025-03-21 11:00
Core Viewpoint - The Executive Order by President Trump aims to enhance American mineral production and reduce reliance on foreign sources, with the Stibnite Gold Project positioned as a key initiative for domestic antimony supply and gold production [1][2][3] Company Overview - Perpetua Resources Corp. focuses on the exploration, restoration, and redevelopment of gold-antimony-silver deposits in Idaho, specifically through the Stibnite Gold Project, which is one of the highest-grade open-pit gold deposits in the U.S. [5] - The Project is designed to implement modern mining practices while restoring an abandoned mine site and producing both gold and antimony, the latter being critical for national defense and energy industries [5][4] Project Significance - The Stibnite Gold Project is expected to supply up to 35% of annual U.S. antimony demand in its first six years of production, addressing national defense needs and countering China's market dominance [3] - Antimony is essential for various applications, including fire retardants, batteries, semiconductors, and is a key component in munitions [3][4] Financial Aspects - Perpetua Resources received a Letter of Interest from the U.S. Export-Import Bank for $1.8 billion in 2024, and is assessing new financing programs to support the Stibnite Gold Project [2] - The company has been awarded over $70 million from the Department of Defense to advance the Project, highlighting its strategic importance [3][5] Environmental and Community Impact - The Project aims to create hundreds of family-wage jobs, improve water quality, and restore fish habitats, while also addressing legacy contamination at the mine site [4][5] - The Project will be powered by one of the lowest carbon emissions grids in the nation, aligning with Perpetua's ESG and sustainable mining goals [5]