Investor Alert: Robbins LLP Informs Investors of the Perpetua Resources Corp. Class Action Lawsuit

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$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].