TSX Growth Companies With High Insider Ownership

Over the last 7 days, the Canadian market has risen 2.9%, contributing to a 15% increase over the past 12 months, with earnings forecasted to grow by another 15% annually. In this favorable environment, growth companies with high insider ownership can be 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%	71.5%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.5%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
Payfare (TSX:PAY)	14.7%	37.7%
Aya Gold & Silver (TSX:AYA)	10.2%	60.9%
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, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group, a growth company with high insider ownership, reported strong Q2 2024 earnings with sales of US$1.14 billion and net income of US$36.72 million, reversing a loss from the previous year. The company's revenue is forecast to grow at 11% annually, outpacing the Canadian market's 6.6%. Despite some dilution over the past year, Colliers' earnings are expected to grow significantly at 20.81% per year. Recent strategic partnerships and acquisitions further bolster its growth prospects.

• Click here and access our complete growth analysis report to understand the dynamics of Colliers International Group.
• 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$23.26 billion.

Operations: Ivanhoe Mines Ltd. generates revenue through its mining, development, and exploration activities focused on minerals and precious metals in Africa.

Insider Ownership: 12.4%

Earnings Growth Forecast: 40.9% p.a.

Ivanhoe Mines, characterized by significant insider ownership, recently reported Q2 2024 net income of US$76.4 million, down from US$92.04 million a year ago. Despite this dip, the company’s revenue is forecast to grow at 47.5% annually, significantly outpacing the Canadian market’s average growth rate. The completion of the Phase 3 concentrator at Kamoa-Kakula ahead of schedule marks a pivotal expansion, positioning it as one of the largest copper mining complexes globally and boosting production capacity substantially.

• Click here to discover the nuances of Ivanhoe Mines with our detailed analytical future growth report.
• Our expertly prepared valuation report Ivanhoe Mines implies its share price may be lower than expected.

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, with high insider ownership, reported strong Q3 2024 results, showing revenue growth to C$238.13 million from C$150.36 million a year ago and net income rising to C$11.92 million from C$7.97 million. Despite recent significant insider selling and shareholder dilution over the past year, TerraVest's earnings are forecast to grow at 21% annually, outpacing the Canadian market average. However, it carries a high level of debt and trades below its estimated fair value by 29.9%.

• Dive into the specifics of TerraVest Industries here with our thorough growth forecast report.
• Our valuation report unveils the possibility TerraVest Industries' shares may be trading at a premium.

Summing It All Up

• Unlock more gems! Our Fast Growing TSX Companies With High Insider Ownership screener has unearthed 34 more companies for you to explore.Click here to unveil our expertly curated list of 37 Fast Growing TSX Companies With High Insider Ownership.
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Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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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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