Perpetua Resources Corp. Investors: Company Investigated by the Portnoy Law Firm

On February 13, 2025, Perpetua released an updated cash flow model for its Stibnite Gold Project, revealing additional capital expenses of $952 million—an increase of more than 75% over the original estimates provided to investors. The company attributed these higher costs to inflation, indirect expenses, increased mining costs, and strategic decisions, including switching electrical pole materials from timber to steel and opting to "buy- and-build" rather than lease an oxygen plant. Following this announce ...