Stock Analysis

3 TSX Growth Companies With High Insider Ownership And Up To 47% Revenue Growth

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As the Canadian market experiences a resurgence driven by easing inflation and encouraging economic data, investor sentiment has turned more optimistic. In this environment, growth companies with high insider ownership can offer compelling opportunities, particularly those demonstrating robust revenue growth.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings 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.

We're going to check out a few of the best picks from our screener tool.

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 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, the Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Revenue Growth Forecast: 11% p.a.

Colliers International Group has demonstrated significant earnings growth, with a 20.8% annual forecast over the next three years, outpacing the Canadian market's 14.9%. However, recent substantial insider selling raises concerns despite high insider ownership. The company reported Q2 2024 sales of US$1.14 billion and net income of US$36.72 million, recovering from a loss last year. Revenue is expected to grow between 8% and 13%, bolstered by strategic acquisitions like Englobe and partnerships such as SPGI Zurich AG.

TSX:CIGI Ownership Breakdown as at Aug 2024

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, with a market cap of CA$23.26 billion.

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

Insider Ownership: 12.4%

Revenue Growth Forecast: 47.5% p.a.

Ivanhoe Mines, with substantial insider ownership, is poised for significant growth. The company recently reported Q2 2024 net income of US$76.4 million and provided robust production guidance for Kamoa-Kakula at 440,000 to 490,000 tonnes of copper in concentrate for the year. Despite a dip in earnings compared to last year, Ivanhoe's revenue is forecasted to grow at an impressive 47.5% annually over the next three years, outpacing the Canadian market significantly.

TSX:IVN Earnings and Revenue Growth as at Aug 2024

TerraVest Industries (TSX:TVK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TerraVest Industries Inc. manufactures and sells goods and services to the 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 CA$201.78 million from Service, CA$117.58 million from Processing Equipment, CA$243.77 million from Compressed Gas Equipment, and CA$292.90 million from HVAC and Containment Equipment.

Insider Ownership: 21.9%

Revenue Growth Forecast: 12.2% p.a.

TerraVest Industries, with significant insider ownership, has shown strong financial performance. For Q3 2024, the company reported revenue of C$238.13 million and net income of C$11.92 million, up from last year's figures. Earnings per share also increased to C$0.63 from C$0.45 a year ago. Despite some shareholder dilution over the past year, TerraVest's earnings are forecasted to grow at 21% annually, outpacing the Canadian market's growth rate of 14.9%.

TSX:TVK Earnings and Revenue Growth as at Aug 2024

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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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