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Perpetua Resources' stock rises despite a lawsuit over cost misrepresentation of its gold project.
Perpetua Resources' stock opened higher at $13.70 on Wednesday after closing at $13.26 the previous day.
The company's recent earnings beat analyst expectations, reporting EPS of ($0.06) compared to the predicted ($0.09).
A class-action lawsuit has been filed against the company over alleged misrepresentation of the Stibnite Gold Project's costs, causing a 22.39% drop in its stock price.
Analysts at HC Wainwright raised the price target to $28.00 and maintained a "buy" rating.
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Las acciones de Perpetua Resources suben a pesar de una demanda por la tergiversación de costos de su proyecto de oro.