Class Action Lawsuits Filed Against Perpetua Resources, Net Power, Ready Capital
Class Action Lawsuits Filed Against Perpetua Resources, Net Power, Ready Capital

Class Action Lawsuits Filed Against Perpetua Resources, Net Power, Ready Capital

News summary

A class action securities lawsuit has been filed against Perpetua Resources Corp., alleging that the company misled investors about the expected initial capital expenditure for its Stibnite Gold Project by minimizing the impact of inflation and other cost increases. On February 13, 2025, Perpetua revealed an updated cash flow model showing a more than 75% increase in capital expenses, far surpassing previous estimates, and attributed these increases to inflation, indirect and higher mining costs, and specific project decisions. This announcement caused Perpetua’s stock price to drop by about 22% in a single day. The lawsuit seeks to recover losses for shareholders affected during the specified period. Investors who suffered losses are encouraged to contact legal counsel to learn about their rights in the case.

Story Coverage
Bias Distribution
100% Unrated
Information Sources
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
0
Unrated
1
Last Updated
11 days ago
Bias Distribution
100% Unrated
Related News
Daily Index

Negative

22Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News