Perpetua Resources(PPTA) Newsfilter·2025-04-10 02:19Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Perpetua Resources Corp. due to allegations of violations of federal securities laws related to misleading statements about the Stibnite Gold Project, which led to inflated stock prices [2][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Perpetua to contact them directly to discuss their legal options [1]. - There is a deadline of May 20, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Perpetua [2]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Allegations Against Perpetua - The complaint alleges that Perpetua and its executives made false or misleading statements regarding the true costs of the Stibnite Gold Project, particularly concerning inflation impacts and undisclosed decisions that increased projected capital expenses [4]. - Following the release of an updated cash flow model for the Stibnite Gold Project, Perpetua's stock price fell over 22% on February 14, 2025 [5][6]. Group 3: Financial Update - On February 13, 2025, Perpetua released a current report indicating an increase in initial and total capital expenditures, but also noted improvements in key economic metrics such as Annual Average EBITDA and Annual Average Free Cash Flow due to rising commodity prices [5].