Perpetua Resources Faces Securities Fraud Deadline Amid Stock Volatility
Perpetua Resources Corp. (NASDAQ: PPTA) finds itself at a legal crossroads as the May 20, 2025 deadline approaches for investors to join a securities fraud class action. The lawsuit alleges misleading cost disclosures related to the company’s flagship project, triggering a 22.4% stock plunge on February 14 following a project update.
Despite legal headwinds, PPTA shares rallied 9.97% to $13.13 in recent trading, maintaining an impressive 132.80% annual return. The market appears to be weighing pending earnings (expected August 7-11, 2025) against litigation risks, creating unusual volatility for the mining-focused equity.