Why did TMQ's EPS stay flat in Q4 2023?

The EPS of Trilogy Metals (TMQ) remained flat in Q4 2023 due to a combination of factors:

1. Strategic Focus on Core Projects: Trilogy Metals has been actively managing its resources and focusing on core projects, such as the Arctic deposit and the Bornite copper project. This strategic focus likely meant that the company was optimizing its efforts to maintain financial stability rather than incurring additional costs that could affect profitability.
2. Cost Management: The company has been implementing cost-saving measures, as evidenced by its ability to reduce salaries and directors' expenses. Such measures are crucial in maintaining profitability during challenging times.

In conclusion, Trilogy Metals' flat EPS in Q4 2023 can be attributed to a combination of strategic project focus and cost management.