Stock Analysis

3 High Insider Ownership Growth Companies On The TSX

TSX:IVN
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In the last week, the Canadian market has been flat, though it has risen 23% over the past 12 months and earnings are expected to grow by 15% per annum in the coming years. In this context, identifying growth companies with high insider ownership can be crucial as it often indicates confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)11.9%70.7%
Allied Gold (TSX:AAUC)21.9%74.5%
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%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17%69.5%

Click here to see the full list of 36 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$2.38 billion, is involved in the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: Aya Gold & Silver generates revenue primarily from the production at its Zgounder Silver Mine in Morocco, amounting to $41.54 million.

Insider Ownership: 10.2%

Revenue Growth Forecast: 46.7% p.a.

Aya Gold & Silver is experiencing rapid growth, with revenue forecast to grow at 46.7% per year and earnings projected to increase by 71.4% annually over the next three years, significantly outpacing the Canadian market. Recent high-grade drill results from its Boumadine project in Morocco extend mineralized trends and confirm continuity, while construction progress at its Zgounder Silver Mine nears completion despite minor delays. The company has also entered into a strategic spinout of its Amizmiz Gold Project, enhancing its focus on North African assets.

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

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$10.10 billion.

Operations: The company's revenue segments are: 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%

Revenue Growth Forecast: 11% p.a.

Colliers International Group has demonstrated strong growth, with earnings increasing from a net loss of US$6.85 million to a net income of US$36.72 million in Q2 2024. Revenue also rose from US$1.08 billion to US$1.14 billion year-over-year for the same period. The company forecasts annual earnings growth of 20.81%, outpacing the Canadian market's 14.9%. Despite this, there has been significant insider selling recently and past shareholder dilution, which may concern some investors.

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 primarily in Africa, with a market cap of CA$27.77 billion.

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

Insider Ownership: 12.3%

Revenue Growth Forecast: 83.5% p.a.

Ivanhoe Mines, with significant insider ownership, is forecast to achieve rapid revenue growth of 83.5% per year and earnings growth of 68.3% per year, outpacing the Canadian market. Recent developments include a memorandum of understanding with Zambia's Ministry of Mines for exploration activities and record production at its Kamoa-Kakula Copper Complex in the DRC. Despite these positive indicators, Ivanhoe's Return on Equity is projected to be modest at 17.5%.

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