Why did PZG's EPS remain flat in recent quarters?

The EPS of Paramount Gold Nevada (PZG) remained flat in recent quarters due to a combination of factors:

1. **Stable Operational Performance**: The fact that PZG's EPS has remained flat suggests that the company's operational performance has been stable. This is a positive sign as it indicates that the company's core business activities are generating consistent results.
2. **Investment in Growth**: Paramount Gold Nevada has received an upgrade following a preferred equity investment, which indicates that the company is investing in growth opportunities. This investment may not have immediately impacted the EPS but could lead to long-term growth and potentially higher EPS in the future.
3. **Market Conditions**: The performance of PZG's stock is also influenced by broader market conditions. The company has received a consensus rating of "Buy" from analysts, which suggests that despite the flat EPS, there is optimism about the company's future prospects.

In conclusion, the flat EPS of PZG in recent quarters can be attributed to a combination of stable operational performance, investment in growth, and favorable market conditions.