3 TSX Growth Companies With High Insider Ownership

The Canadian market has seen a robust performance, rising 3.8% over the last week and 13% over the past year, with the Financials sector leading at a 4.0% increase. In this favorable environment, growth companies with high insider ownership are particularly appealing as they often indicate strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	70.7%
Allied Gold (TSX:AAUC)	22.5%	68.9%
goeasy (TSX:GSY)	21.5%	17.1%
Payfare (TSX:PAY)	14.7%	37.7%
Ivanhoe Mines (TSX:IVN)	12.3%	40.9%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Aya Gold & Silver (TSX:AYA)	10.3%	63.9%
Magna Mining (TSXV:NICU)	10.3%	94.7%
Artemis Gold (TSXV:ARTG)	29.3%	43.6%
Alpha Cognition (CNSX:ACOG)	17.9%	69.5%

Click here to see the full list of 37 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate professional and investment management services to corporate and institutional clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific, with a market cap of CA$9.37 billion.

Operations: The company's revenue segments include $2.59 billion from the Americas, $614.55 million from Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Colliers International Group, a growth company with high insider ownership in Canada, reported significant earnings growth for Q2 2024, turning a net loss into a US$36.72 million profit. Despite some dilution over the past year and debt not being well covered by operating cash flow, its earnings are forecast to grow significantly at 20.81% annually over the next three years. Recent strategic moves include expanding its European presence through a partnership with SPGI Zurich AG and providing optimistic revenue guidance post-acquisition of Englobe.

• Navigate through the intricacies of Colliers International Group with our comprehensive analyst estimates report here.
• Our comprehensive valuation report raises the possibility that Colliers International Group is priced higher than what may be justified by its financials.

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. is involved in the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$20.73 billion.

Operations: Ivanhoe Mines Ltd. generates revenue through the mining, development, and exploration of minerals and precious metals in Africa.

Insider Ownership: 12.3%

Ivanhoe Mines, a growth company with high insider ownership in Canada, reported Q2 2024 net income of US$76.4 million despite a year-over-year decline. Earnings are forecast to grow significantly at 40.94% annually over the next three years, outpacing the Canadian market. The Phase 3 concentrator at Kamoa-Kakula was completed ahead of schedule and is expected to boost annual copper production to over 600,000 tonnes. However, shareholders experienced dilution in the past year.

• Delve into the full analysis future growth report here for a deeper understanding of Ivanhoe Mines.
• Our valuation report unveils the possibility Ivanhoe Mines' shares may be trading at a discount.

TerraVest Industries (TSX:TVK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TerraVest Industries Inc. manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States with a market cap of CA$1.53 billion.

Operations: The company's revenue segments include Service (CA$184.52 million), Processing Equipment (CA$123.25 million), Compressed Gas Equipment (CA$216.10 million), and HVAC and Containment Equipment (CA$244.50 million).

Insider Ownership: 21.9%

TerraVest Industries has seen significant insider buying over the past three months, with no substantial selling. The company reported strong earnings growth, with Q3 2024 sales at C$238.13 million and net income of C$11.92 million, up from C$150.36 million and C$7.97 million respectively a year ago. Earnings are forecast to grow 21.88% annually, outpacing the Canadian market's 14.9%. However, shareholders were diluted in the past year despite trading below fair value estimates by 26.9%.

• Click to explore a detailed breakdown of our findings in TerraVest Industries' earnings growth report.
• Upon reviewing our latest valuation report, TerraVest Industries' share price might be too optimistic.

Seize The Opportunity

• Investigate our full lineup of 37 Fast Growing TSX Companies With High Insider Ownership right here.
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Seeking Other Investments?

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• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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