3 Growth Stocks On The TSX With Insider Ownership Up To 21%

The Canadian stock market has recently experienced significant volatility, with sharp daily gains and losses that ultimately resulted in modest overall changes. In such an environment, identifying growth companies with high insider ownership can be a strategic approach for investors seeking stability and potential upside.

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%
Almonty Industries (TSX:AII)	17.7%	115.8%
goeasy (TSX:GSY)	21.5%	17.1%
Payfare (TSX:PAY)	14.7%	37.7%
Aya Gold & Silver (TSX:AYA)	10.3%	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.

Here's a peek at a few of the choices from the screener.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$1.93 billion, focuses on the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: Aya Gold & Silver Inc. generates its revenue primarily through the exploration, evaluation, and development of precious metals projects in Morocco.

Insider Ownership: 10.3%

Aya Gold & Silver demonstrates significant growth potential with high insider ownership. The company's earnings are forecast to grow 60.9% annually, outpacing the Canadian market. Recent results showed a substantial increase in net income and sales compared to last year, indicating robust financial performance. Insiders have been buying more shares over the past three months, reflecting confidence in future prospects despite some shareholder dilution in the past year.

• Click to explore a detailed breakdown of our findings in Aya Gold & Silver's earnings growth report.
• Our valuation report here indicates Aya Gold & Silver may be overvalued.

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$20.80 billion.

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

Insider Ownership: 12.4%

Ivanhoe Mines, a growth company with substantial insider ownership, has reported mixed earnings for Q2 2024 but continues to show strong potential. The recent completion of the Phase 3 concentrator at the Kamoa-Kakula Copper Complex ahead of schedule is set to boost production significantly. Despite some insider selling and shareholder dilution over the past year, analysts expect earnings and revenue to grow substantially faster than the Canadian market.

• Navigate through the intricacies of Ivanhoe Mines with our comprehensive analyst estimates report here.
• Our valuation report here indicates Ivanhoe Mines may be undervalued.

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$1.76 billion.

Operations: The company's revenue segments include energy, agriculture, mining, and transportation markets in Canada and the United States.

Insider Ownership: 21.9%

TerraVest Industries shows strong growth potential with earnings forecasted to grow 21.8% annually, significantly outpacing the Canadian market. Despite having a high level of debt and recent shareholder dilution, the company reported robust earnings for Q3 2024, with sales of C$238.13 million and net income of C$11.92 million. Insiders have bought more shares than sold in the past three months, indicating confidence in its future prospects.

• Unlock comprehensive insights into our analysis of TerraVest Industries stock in this growth report.
• Our expertly prepared valuation report TerraVest Industries implies its share price may be too high.

Key Takeaways

• 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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Seeking Other Investments?

• 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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