Overview

A class action lawsuit has been filed against Perpetua Resources Corp. (“Perpetua” or the “Company”) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws.  The Company’s common stock traded on the NASDAQ under the symbol “PPTA.”

The Perpetua class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired Perpetua securities between April 17, 2024, and February 13, 2025, both dates inclusive (the “Class Period”).

Perpetua is a development-stage company engaged in acquiring mining properties to move them into production where warranted.  The Company’s principal prospect is the restoration and redevelopment of an Idaho mine, referred to as the Stibnite Gold Project.  The project’s focus is to explore, evaluate, and potentially redevelop three deposits known as the Hangar Flats Deposit, the West End Deposit, and the Yellow Pine Deposit.

The Perpetua class action lawsuit alleges that Defendants, throughout the Class Period, provided investors with material information concerning Perpetua’s expected initial capital expenditure for the Stibnite Gold Project.  Defendants’ statements included, among other things, minimization of the impact of inflation and other potential sources for increased capital expenditure costs for the project.

Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true cost of the Stibnite Gold Project; notably, the true impact of inflation and undisclosed decisions Defendants had made or were otherwise contemplating which had resulted in a drastic increase in projected initial capital expense.  Such statements absent these material facts caused Plaintiff and other shareholders to purchase Perpetua’s securities at artificially inflated prices.

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If you purchased or otherwise acquired Perpetua securities between April 17, 2024, and February 13, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as lead plaintiff in the Perpetua class action lawsuit is May 20, 2025.