Stock Analysis

3 TSX Growth Companies With Up To 21% Insider Ownership

TSX:CIGI
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In the last week, the Canadian market has been flat, yet it has experienced a robust 25% increase over the past year with earnings forecasted to grow by 15% annually. In this thriving environment, growth companies with substantial insider ownership can be particularly appealing as they often signal confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)11.9%70.7%
Almonty Industries (TSX:AII)17.7%117.6%
goeasy (TSX:GSY)21.2%17.1%
Alvopetro Energy (TSXV:ALV)19.4%72.4%
Amerigo Resources (TSX:ARG)12%36.8%
Propel Holdings (TSX:PRL)40%37.2%
Aritzia (TSX:ATZ)18.9%60.4%
Allied Gold (TSX:AAUC)21.9%74.5%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17%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 take a closer look at a couple of our picks from the screened companies.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate 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$10.31 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%

Colliers International Group demonstrates strong growth potential, with earnings forecasted to grow significantly at 20.81% annually, outpacing the Canadian market's 14.6%. Recent financial results show a recovery from losses to a net income of US$36.72 million in Q2 2024. Despite no substantial insider buying recently, more shares have been bought than sold by insiders over three months, indicating confidence in future prospects amidst strategic expansions like the SPGI Zurich partnership.

TSX:CIGI Earnings and Revenue Growth as at Oct 2024
TSX:CIGI Earnings and Revenue Growth as at Oct 2024

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 mainly in Africa, with a market cap of CA$27.42 billion.

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

Insider Ownership: 12.3%

Ivanhoe Mines is poised for significant growth, with revenue forecasted to expand rapidly at 84.2% annually, surpassing the Canadian market's average. The company recently reported a record copper production from its Kamoa-Kakula Copper Complex and signed an MOU with Zambia to explore mineral resources. Despite past shareholder dilution and lower recent earnings, Ivanhoe is trading below its estimated fair value, suggesting potential upside as it ramps up production and exploration activities.

TSX:IVN Earnings and Revenue Growth as at Oct 2024
TSX:IVN Earnings and Revenue Growth as at Oct 2024

TerraVest Industries (TSX:TVK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TerraVest Industries Inc. is a company that 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$1.86 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: 21.7%

TerraVest Industries shows potential for growth with its revenue expected to increase by 12.2% annually, outpacing the Canadian market's average. The company recently joined the S&P Global BMI Index, highlighting its market presence. Despite a high debt level and past shareholder dilution, TerraVest is trading below estimated fair value and has reported strong earnings growth of 43.6% over the past year, with forecasts indicating continued profit expansion at 21.1% annually.

TSX:TVK Ownership Breakdown as at Oct 2024
TSX:TVK Ownership Breakdown as at Oct 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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