3 TSX Growth Companies With High Insider Ownership

Over the last 7 days, the Canadian market has risen 2.8%, and over the past 12 months, it is up 15%. With earnings forecasted to grow by 15% annually, identifying growth companies with high insider ownership can be a strategic way to align with these positive trends.

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%	71.5%
Almonty Industries (TSX:AII)	17.7%	115.8%
goeasy (TSX:GSY)	21.5%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
Aya Gold & Silver (TSX:AYA)	10.2%	60.9%
Ivanhoe Mines (TSX:IVN)	12.4%	40.9%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
ROK Resources (TSXV:ROK)	16.6%	156.2%
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.

Let's dive into some prime choices out of the screener.

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$9.50 billion.

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

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group is a growth company with high insider ownership, evidenced by substantial insider buying over the past three months. Earnings are forecast to grow 20.81% annually, outpacing the Canadian market's 14.9%. Although revenue growth at 11% per year is slower than desired, it still exceeds the market average of 6.6%. Recent earnings reports show significant improvement, with Q2 net income reaching US$36.72 million compared to a loss last year.

• Click to explore a detailed breakdown of our findings in Colliers International Group's earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of Colliers International Group shares in the market.

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals primarily in Africa and has a market cap of CA$23.26 billion.

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

Insider Ownership: 12.4%

Earnings Growth Forecast: 40.9% p.a.

Ivanhoe Mines demonstrates strong growth potential with high insider ownership and no substantial selling in the past three months. Recent earnings showed a decline, with Q2 net income at US$76.4 million compared to US$92.04 million last year. However, production guidance for 2024 is robust, targeting up to 490,000 tonnes of copper. The completion of the Phase 3 concentrator ahead of schedule will boost annualized copper production to over 600,000 tonnes by Q3 2024, enhancing future revenue prospects significantly.

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

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$1.84 billion.

Operations: The company's revenue segments include Service (CA$201.78 million), Processing Equipment (CA$117.58 million), Compressed Gas Equipment (CA$243.77 million), and HVAC and Containment Equipment (CA$292.90 million).

Insider Ownership: 21.9%

Earnings Growth Forecast: 21.1% p.a.

TerraVest Industries showcases strong growth potential with high insider ownership and substantial recent buying activity. The company reported significant revenue and earnings growth, with Q3 2024 revenue at C$238.13 million compared to C$150.36 million a year ago, and net income rising to C$11.92 million from C$7.97 million. Despite having a high level of debt and past shareholder dilution, TerraVest is trading below its estimated fair value by 27.4%, indicating potential undervaluation in the market.

• Get an in-depth perspective on TerraVest Industries' performance by reading our analyst estimates report here.
• Our comprehensive valuation report raises the possibility that TerraVest Industries is priced higher than what may be justified by its financials.

Where To Now?

• Take a closer look at our Fast Growing TSX Companies With High Insider Ownership list of 37 companies by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• 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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