U.S. Silica (NYSE:SLCA) Posts Quarterly Earnings Results, Hits Expectations

U.S. Silica (NYSE:SLCA - Get Free Report) posted its quarterly earnings data on Friday. The mining company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20, Briefing.com reports. The firm had revenue of $325.90 million for the quarter, compared to analysts' expectations of $336.59 million. U.S. Silica had a return on equity of 18.56% and a net margin of 9.47%. The company's quarterly revenue was down 26.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 EPS.

U.S. Silica Stock Performance

SLCA stock traded up $2.83 during trading hours on Friday, hitting $15.89. 14,825,542 shares of the stock were exchanged, compared to its average volume of 749,511. The company has a current ratio of 3.23, a quick ratio of 2.43 and a debt-to-equity ratio of 0.96. U.S. Silica has a 12 month low of $10.09 and a 12 month high of $16.03. The firm has a market capitalization of $1.24 billion, a P/E ratio of 8.50 and a beta of 2.23. The company has a 50-day simple moving average of $12.35 and a two-hundred day simple moving average of $11.68.

Insider Buying and Selling

In related news, EVP Stacy Russell sold 20,000 shares of the firm's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $12.00, for a total value of $240,000.00. Following the transaction, the executive vice president now owns 186,752 shares in the company, valued at $2,241,024. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other U.S. Silica news, EVP James Derek Ussery sold 46,433 shares of U.S. Silica stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $14.00, for a total value of $650,062.00. Following the transaction, the executive vice president now owns 174,772 shares in the company, valued at $2,446,808. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Stacy Russell sold 20,000 shares of U.S. Silica stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $12.00, for a total value of $240,000.00. Following the completion of the transaction, the executive vice president now owns 186,752 shares in the company, valued at approximately $2,241,024. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

U.S. Silica Company Profile

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.